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k0ka [10]
3 years ago
13

Find the balance in an account at the end of 8 years if $6000 is invested at an interest rate of 4.2% that is compounded continu

ously.
a. $8396.03
b. $ 8338.60
c. $8262.77
d. $6257.37
Mathematics
1 answer:
BARSIC [14]3 years ago
7 0
B , the second option, is your answer
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He buys a suit that was on sale for 25%off. He only paid $125.00. What was the original price? What was the amount of the discou
Citrus2011 [14]

Equation  1):

You want to buy something that costs $166.66, and it's on sale for 25% off. What is the item's sale price?

First, convert the 25% to a real mathematical number. For percent's, this is always done by dividing the 25% by 100%, or 25% / 100% = 0.250.

Second, find out what 25% of $166.66 is. This is the amount of the sale discount. This is always found by multiplying 0.250 by the item's cost $166.66, like this:  

0.250 x $166.66 = $41.67.

So for this sale, you'll save $41.67 on this item.

This means, the cost of the item to you is  

$166.66 - $41.67 = $125.00.

Alternatively, you can think about it this way. The item is 25% off. This means you'll pay 75.000% of the total cost (100% - 25% = 75.000%).

Now what's 75.000% of the total cost?  

0.750 x $166.66 = $125.00.

Answer =====> Just like the result above, the sale price on the item is $125.00.





Equation 2:)

You want to buy something that costs $125, and it's on sale for 25% off. What is the item's sale price?

First, convert the 25% to a real mathematical number. For percent's, this is always done by dividing the 25% by 100%, or 25% / 100% = 0.250.

Second, find out what 25% of $125 is. This is the amount of the sale discount. This is always found by multiplying 0.250 by the item's cost $125, like this:  

0.250 x $125 = $31.25.

So for this sale, you'll save $31.25 on this item.

This means, the cost of the item to you is  

$125 - $31.25 = $93.75.  

Alternatively, you can think about it this way. The item is 25% off. This means you'll pay 75.000% of the total cost (100% - 25% = 75.000%).

Now what's 75.000% of the total cost?

0.750 x $125 = $93.75.

Answer =====> Just like the result above, the sale price on the item is $93.75.




Hope that helps!!!                                                     : )


8 0
3 years ago
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