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Kruka [31]
3 years ago
12

A store offered a 15% discount for all employees. What is the amount of

Mathematics
1 answer:
Rom4ik [11]3 years ago
4 0

Answer: discount amount is $6.75

Step-by-step explanation:

1. multiply 45 by 15% (0.15) = $6.75

2. price of an item with discounted amount would equal $38.25

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Step-by-step explanation:

because when we substitute them...it make sense.

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<em>lets</em><em> </em><em>substitute</em><em>:</em>

<em>(</em><em>i</em><em>)</em><em>.</em><em>1</em><em>4</em><em>=</em><em>3</em><em>(</em><em>1</em><em>)</em><em>+</em><em>1</em><em>1</em>

<em>(</em><em>ii</em><em>)</em><em>1</em><em>7</em><em>=</em><em>3</em><em>(</em><em>2</em><em>)</em><em>+</em><em>1</em><em>1</em>

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3 years ago
Suppose you wish to borrow $600 for two weeks and the amount of interest you must pay is $25 per $100 borrowed. What is the APR
Yuliya22 [10]

Answer:

The APR at which the money is borrowed, is approximately 651.79%

Step-by-step explanation:

The amount which one wishes to borrow for two weeks, P = $600

The amount of interest that one must pay back = $25 per $100 borrowed

Therefore;

The total interest on the $600 loan (borrowed) for two weeks = 25/100× $600 = $150

The number of days for which the amount was borrowed = 2 weeks = 14 days

The Annual Percentage Rate, APR is given as follows;

APR = \left (\dfrac{\left (\dfrac{Interest \ Paid \ for \ the  \ Loan \ duration}{The \ amount \ borrowed} \right )}{The \ number \ of \ days \ the \ amount \ was  \ borrowed } \right ) \times 365 \times 100

Therefore, we get

APR = \left (\dfrac{\left (\dfrac{150}{600} \right )}{14 } \right ) \times 365 \times 100  \approx 651.79 \%

The annual rate at which the money is borrowed, APR ≈ 651.79%.

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