So,
1st year: 3
2nd year: 4(first year), which is 12
3rd year: 6(first year), which is 18
The sum of the 1st, 2nd, and 3rd years is 3 + 12 + 18 = 33
Now, multiply 33 by the price at which Mr. Jackson sold each computer ($185).
We get $6105. Mr. Jackson's gross profit was $6105.
Answer:
7
Step-by-step explanation:
the median is the number in the middle of a sorted array
here it has 10 numbers, so the median will be the average of the 5th and the 6th number
the 5th number is 7 and the 6th number is 7
the average is (7+7)/2 = 7
so the median is 7
Answer:
0.6845% per week.
Step-by-step explanation:
Simple Interest Calculation A = P(1 + rt)
Solving our equation:
r = (1/730.5)((15000/2500) - 1) = 0.00684463
r = 0.00684463
Converting r decimal to R a percentage
R = 0.00684463 * 100 = 0.6845%/week
Calculating the annual rate
0.6845%/week × 52 weeks/year = 35.594%/year.
The interest rate required to get a total amount, principal plus interest, of $15,000.00 from simple interest on a principal of $2,500.00 over 14.05 years (730.5 weeks) is 0.6845% per week.
