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KIM [24]
2 years ago
7

Jamar works at Jay's Jeweler. He earns $385 a week plus commission. Last week his sales totaled $1,680. If his commission is 25%

, how much did he earn, in total, last week?
Mathematics
2 answers:
joja [24]2 years ago
7 0
Answer
$710.75
Explanation
$1,680 - $385 = $1,295
25% of $1295 = $323.75
-BARSIC- [3]2 years ago
4 0
$805

25% of $1,680 is $420 .
$420+$385= $805
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9514 1404 393

Answer:

  2.5 years

  $736 in interest

Step-by-step explanation:

The relationship between the values in an amortization is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

Here, we have A = 140, P = 3400, r = 0.16 and we want to find t

  140 = 3400(0.16/12)/(1 -(1 +0.16/12)^(-12t))

  1 -(1 +0.16/12)^(-12t) = 1/3.0882353

  (1 +0.16/12)^(-12t) = 0.67619048

Taking logarithms gives ...

  -12t·log(1 +0.16/12) = log(0.67619048)

  t = log(0.67619048)/(-12·log(1+0.16/12)) ≈ 2.46177

It will take about 2.5 years to pay off the loan.

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The total of payments is ...

  (2.46177)(12)($140) = $4135.77

so, the interest paid is ...

  $4135.77 -3400 = $735.77

You will pay about $736 in interest over the life of the loan.

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<em>Additional comment</em>

The number of payments is calculated to be about 29.54. You would probably make 30 payments, with the last payment being a different amount than $140. The actual amount will depend on when the payment is made, and the amount of it that is finance charge. We believe the remaining balance after 29 payments will be $75. After a full month, the finance charge due on that amount is $1.00, bringing the total amount of interest paid to $736.

If the loan is paid off in the middle of the month, the interest due is reduced. Above, we have calculated interest based on a last payment made part way through the month. We rounded up, partly because of the ambiguity in the final payment.

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3 years ago
The LCM of 4 and 7 is ______.
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3 years ago
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nadezda [96]

Answer: The median score will remain the same at 91.

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4 0
3 years ago
Nicole has a job transporting soft drinks by truck. Her truck is filled with cans that weigh 14 ounces each and bottles that wei
Rufina [12.5K]

Answer:

W_{total} =  -56X + 68600

Step-by-step explanation:

We wil define:

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2) "y" as number of bottles inside the truck.

We now that the amount of both cans and bottles inside the truck is "980". This quantity is equal to the sum of cans and bottles, so now we can write:

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We will call this expression equation n° 1.

On the other hand, we know that the total weight is a sum of the weight of the cans and the weight of the bottles. The total weight of the cans, for example, is the result of  multiplying the numbers of cans in the truck with the weight of each can, like here: (W_{cans} = X * 14 oz

So now we can write:

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We well call this expression equation n° 2.

From equation n°1 we obtain "y", like this:

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And we replace it in equation n°2:

W_{total} = (X*14) + (Y * 70)\\\\W_{total}  = 14X + 70Y\\W_{total}  = 14X + 70(980-X)\\W_{total}  =  14X + 68600 - 70X\\W_{total} =  -56X + 68600

Now we have the expression of the total weight considering the amount of cans in the truck.

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