Jerome deposits $4,700 in a certificate of deposit that pays 6 1/2% interest, compounded annually. How much interest does Jerome
1 answer:
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11.275 is the sale price of the hat
<u>Step-by-step explanation:</u>
Brainly the owner of a hat store buys a hat for 5.50 and he uses a mark-up rate is 105%. Need to find out what is the sale price of the hat.
Here, given data, cost price of hat = 5.5. Let the selling price of hat be x and find the data as asked in question,
5.775 + 5.5 = x
Where,
S.P - sale price
C.P - cost price
Therefore, x = 11.275 is the sale price of the hat.
Answer:
The net cost of the photocopier before january 1 is <u>$1350.</u>
Step-by-step explanation:
Given:
The manufacturer offers a $125 rebate on photocopiers purchases before january 1.
Now, to find the net cost of $1,475 photocopier before january 1.
Amount of rebate before January 1 = $125.
Cost of photocopier = $1,475.
So, to get the net cost of $1475 photocopier before january 1 we subtract the rebate from it:
Therefore, the net cost of the photocopier before january 1 is $1350.