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A=P×(0.8)
A is the price after the markdown
P is the original price
0.8 is the multiplier because 1-(80/100)=0.8
80/100 is the same as 80%, which is the remaining value when 20% of the value of the item is deducted.
Answer:
Y=2x+2
Step-by-step explanation:
Y=0.5x-1
To find inverse, switch and y
x=0.5y-1
0.5y=x+1
Y=2x+2
Answer:
FV= $436.72
Step-by-step explanation:
Giving the following information:
Initial cost (PV)= $500
Decrease rate (d)= 7% per year
Number of periods (n)= 2 years
<u>To calculate the future value after 2 years, we need to use the following formula:</u>
FV= PV / (1 + d)^n
FV= 500 / (1.07^2)
FV= $436.72
Answer:
ABout 5,000
Step-by-step explanation: