12. You find a $50 USD bill in one of your parent's old coats and they let you keep it. Youdecide to spend it on a pair of pants that normally cost $59.99 but are on sale for 30%off. Of course, you will also have to pay 8% tax. How much change (if any) will you getfrom the $50 USD bill?Previous▸40

To promot sale and products some time companies gives huge discount on the prices so as to attract…

Answered: 2. You find a $50 USD bill in one of…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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2. You find a $50 USD bill in one of your parent's old coats and they let y ecide to spend it on a pair of pants that normally cost $59.99 but are on ff. Of course, you will also have to pay 8% tax. How much change (if any) rom the $50 USD bill?