Answer: the first answer choice
Step-by-step explanation:
Answer:
I think it's C
Step-by-step explanation:
Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First lets change 9% into a decimal:
9% -> 
-> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance after 5 years is $18,726.11</u>
Answer:
$199.50
Step-by-step explanation:
10% discount of $34 = 10/100*34 = $3.40
so, a single shirt costs $34-$3.40 = $30.60
half off = 50% discount of $31 = 50/100*31 = $15.50
so, a single cap costs $31-$15.50 = $15.50
so, 5 shirts and 3 caps cost now
5*$30.60 + 3*$15.50 = $153 + $46.50 = $199.50
but careful - can this be a trick question ?
the phrasing of the problem description can also suggest that the discounts are only listed to confuse us and are already included in the mentioned prices ("worth" $34 - what does that mean ? because including the discounts they are currently "worth" their prices).
then it would just plainly be
5*$34 + 3*$31 = $170 + $93 = $263
...it’s 0.21 because 21% is 21/100 which makes it 0.21
