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3 years ago

P1. if your school makes $0.72 profit on every 6 raffle tickets sold, how much will it make when it sells the 11th ticket

Mathematics

1 answer:

Ahat [919]3 years ago

4 0

Answer:

Part 1 = $1.32

Step-by-step explanation:

.72 divided by 6 is 12. So they make 12 cents per ticket, so that means you would have to do 12 times 11 and that should get you 132 cents and that is equivalent to $1.32.

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Read 2 more answers

Earl invested 6,000 in a money market account that pays 5% interest quarterly. How much money will he have in his account after

Sedbober [7]

Answer:

The amount becomes $6964.53 after 3 years .

Step-by-step explanation:

Formula

$Amount = P (1+\frac{r}{4})^{4t}$

Where P is the principle , r is the rate of interest in the decimal form and t is the time in the years .

As given

Earl invested 6,000 in a money market account that pays 5% interest quarterly for 3 years .

P = $6000

5% is written in the decimal form.

$= \frac{5}{100}$

= 0.05

r = 0.05

t = 3 years

Putting all the values in the formula

$Amount = 6000(1+\frac{0.05}{4})^{4\times 3}$

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Therefore the amount becomes $6964.53 after 3 years .

3 0

3 years ago

Worth 15 points please answer asap!!!!

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the you do the rest

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