1) Gathering the data
P=$6200
F=7310
t= 3 yrs
2) Since it is a simple interest, it is a linear application. So we can find it using this formula:
Answer:
8
Step-by-step explanation:
8y-3y=40
5y. = 40
y. =8
the value of y is 8.
...
Answer:
Yes
Step-by-step explanation:
I feel like its yes because x and y share the numbers 1-4
Answer:
Selling price= $580
Step-by-step explanation:
eGiving the following information:
Buying price= $400
Mark-up percentage= 45% = 0.45
<u>The manager applies a mark-up equivalent to 45% of the buying price. First, we need to determine how much is 45% of the cost.</u>
Mark-up= buying price* Mark-up percentage
Mark-up= 400*0.45
Mark-up= $180
<u>Now, the selling price:</u>
Selling price= 400 + 180
Selling price= $580