Laura is paying 7% as tax.
1.07 is equal to 107%. To get the total price of something with tax you multiply it by 100% plus the tax. Simplify the percent to 1.07,
1.07x = x + 0.07x
Answer:
1 is the answer you needed
Answer:
<u>I will take around 1 year and 8 months to earn $ 45 of interest on this investment</u>
Step-by-step explanation:
1. Let's review the information provided to us to answer the question correctly:
Interest earned = $ 45
Investment = $ 790
Annual simple interest rate = 3.4% = 0.034
2. How much time would it take to earn $45?
Let's recall the formula for calculating the simple interest of an investment:
A = P * (1 + rt)
Replacing with the values we already have:
835 = 790 + (1 + 0.034t).
Where t is the time we want to calculate
835 = 790 + 26.86t
26.86t = 835 - 790
26.86t = 45
t = 1.68 (Rounding to the next hundredth)
<u>t ≅ 1 year and 8 months</u>
Answer:
7-b≤c
7-b≥c
Step-by-step explanation:
I am so sorry if it is wrong.... I tried
