Step-by-step explanation:
50% interest annually.
that means he gets 50% interest of the invested capital every year.
and that means he gets 50% of $70 in one year.
70 = 100%
1% = 100%/100 = 70/100 = $0.70
50% = 1%×50 = 0.7 × 50 = $35
he will earn $35 interest in one year.
as you noticed: 50% simply means 1/2 (as 100% stands for the whole).
You can pick any of them it won’t hold it against you.
I do it all the time.
Have a good day
Answer: The cost of one sandwich is $4.25 and the cost of one cup of coffee is $2.25.
Step-by-step explanation:
Let x be the cost of one sandwich and y be the cost of one cup of coffee.
By considering the given situation, we have the following equations :-

Multiply 2 on both sides of equation (2) , we get

Subtract equation (1) from equation (3), we get

Put value of y in (1), we get

Hence, the cost of one sandwich is $4.25 and the cost of one cup of coffee is $2.25.
To convert a percent to a decimal, divide the percent by 100.
0.8/100 = 0.008 <<<<<< answer.