Answer:$143.84Step-by-step explanation:Given the following question:Initial price of the chair was $124....Marked up 16% (which means the price has increased by 16%)Find the new price of the chair...In order to find the answer, we find 16% of a given number in till it equals 124 which was the initial price.16% of 143.84 is 124143.84 is already rounded to the nearest centWhich means the new price of the chair is "$143.84"
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Answer:
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed
From the information given,
P = 5000
r = 9
5.5% = 5.5/100 = 0.055
Assuming they are 365 days in a year
n = 365 because it was compounded 52 times in a year.
t = 29/365 = 0.0794
Therefore,
A = 5000(1 + 0.055/365)^365 × 0.0794
A = 5000(1 + 0.00015)^29
A = 5000(1.00015)^29
A = $5022
You can draw the 3 rectangles with these measurements then divide one horizontally one vertically and one slanted from one top corner to one bottom corner
Answer:
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