Jake has $4,000 invested at 8% annual interest. He has $2,800 more to invest. At what rate
1 answer:
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For this case we have the following variable:
p: cost of the item that Arthur wants to buy before tax
The expression for the 6% tax is given by:
Or equivalently:
Therefore, two different expressions for the total cost are:
Expression 1:
Expression 2:
To prove that they are equal, suppose that the item costs $ 100:
Expression 1:
Expression 2:
Since the cost is the same, then the expressions are the same.
Answer:
Two different expressions that model the problem are: