PLEASE PLEASE PLEASE HELP ILL GIVE BRAINEST PLEAESE
2 answers:
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Answer:
D. It will increase by 1%.
Step-by-step explanation:
Given
--- initial rate
--- final rate
Required
The effect on the GDP
To calculate this, we make use of:
This gives:
<em>This implies that the GDP will increase by 1%</em>
Solution: The total cost of the gift including the tax = $55.80
The amount paid by Montel = $14
The amount paid by Raymond is
Therefore, Raymond paid $18.6
The amount paid by Emily is
25% of 55.80
Therefore, Emily paid $13.95
We also know that the remaining amount is paid by Leanne.
Therefore, the remaining amount is:
Total amount - Amount paid by Montel, Raymond and Emily
The amount paid by Leanne is $9.25
We clearly see, Raymond has paid $18.6, which is the greatest part of the cost $55.80