0.0239 x 28 = .6692 (this is the amount of tax paid)
shoes + tax = total
$28 + 0.6692 = $28.6692 which rounds to $28.67 (money is always rounded to the hundredths place)
The relationship between centimeters and inches is linear. The equation in the relationship is:
y= 2.54x , with x as inches and y as centimeters.
The graph for this equation results to a straight line. This equation has a degree of one.
<u>Answer:
</u>
Physliis invested 32000 dollar at 5% interest rate and 34000 dollar at 7% interest rate.
<u>Solution:</u>
Let Phyllis invest ‘x’ dollar at 5% per year and (66000-x) dollar at 7% per year.
We know,
In the question it is given that Simple interest earned from both the investments at the end of the year is $3980.
Using the given below equation, we will try to find out the investments at each rate.
x = 32000
We can calculate amount for 7% interest rate by,
(66000-32000) =34000
Thus Phyllis invested 32000 dollar at 5% interest rate and 34000 dollar at 7% interest rate.