Answer:
$305
Step-by-step explanation:
You have to use the following formula to calculate the accrued amount:
A=P(1 + rt), where:
A= accrued amount
P= principal amount= $250
r= rate of interest= 11%
t= time period= 2 years
Now, you have to replace the values in the formula:
A=250*(1+0.11*2)
A=250*(1+0.22)
A=250*1.22
A=305
According to this, at the end of 2 years, Jess owes the bank $305.
Answer:
Let cost of one bag be Y
8 x Y = $20
So, Y = $2.5
Now cost of 3 bags = 3 x 2.5 = $7.5
No. The 10% commission will double to 20%,
but the base salary of $500 won't change.
Variables are taken from the first letter of the color, ex: green = g.
Given:
r = g
2r = b = y
Total =42
So then:
r+ r + 2r + 2r = 42
6r = 42
r = 7
y = 2r
y = 2(7)
14 of the 42 pencils were yellow.
