you only have $47. there is a tax rate of 4.6%. how much can you spend and still have enough to pay taxes
1 answer:
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Answer:
Option B is correct =
Step-by-step explanation:
<u>The complete question is:</u> Which of the following options have the same value as 30% of 81?
Group of choices is:
(A)
(B)
(C)
(D)
(E)
Now, the expression given to us is 30% of 81.
Simplifying the above expression we get;
30% of 81 =
= =
Now, we will solve each of the given options and then see which option matches with our calculation.
Option (A) is given;
=
This doesn't match with our answer, so this option is not correct.
Option (B) is given;
<u><em>This matches with our answer, so this option is correct.</em></u>
Option (C) is given;
This doesn't match with our answer, so this option is not correct.
Option (D) is given;
=
This doesn't match with our answer, so this option is not correct.
Option (E) is given;
This doesn't match with our answer, so this option is not correct.
After 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.
<h3>What is an exponential function?</h3>It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent.
where a is a constant and a>1
We have:
A philanthropist pledges to donate 10% of a fund each year.
We can find the amount left after 7 years as follows:
A = 450000(1 - 0.1)⁷
10% of a fund each year.
Rate r = 10% = 0.1
A = 450000(0.9)⁷
A = $2152336.05
Thus, after 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.
Learn more about the exponential function here:
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