Answer:
0.8
Step-by-step explanation:
Original price= $65
Sale discount= 20%
Discounted price= $65*(100-20)/100= $65*0.8= $52
Answer:
Sales Tax: $3.08
Step-by-step explanation:
When you add the price of the items up it totals $36.25. To find the sales tax you need to take 8.5% and turn it into a decimal which is 0.085. You need to take this decimal 0.085 and multiply by $36.25 which will give you $3.08 for sales tax.
Answer:
$85,734
Step-by-step explanation:
We have been given that Karel sells goods to customers in exchange for a $100,000 non-interest-bearing note due in 2 years. The interest rate on this type of loan is 8%. We are asked to find the present value of the note.
, where,
PV = Present Value,
FV = Future Value,
r = Interest rate in decimal form,
n = Time
Let us convert given interest rate into decimal form as:






Therefore, the present value of the note is $85,734.
I don't believe that 1 and 17/20 can be simplified any further. It is already in lowest terms.