Mary bought her cosmetic products during a sale (18% off) at a well-known supermarket. She paid P493 lesser than the original item price. How much did she paid to acquire the products?

Q: y borrows $79,500 for

A: Introduction: The formula of the simple interest rate is given by, S.I.=P×R×T100 Where P is the…

Q: Kunio puts $3,300.00 into savings bonds that pay a simple interest rate of 2.5%. How much money will…

A: Simple interest algebra

Q: Marivic is a sales agent for the High Ace Realty.  She is paid based on commission only .She is…

A:

Q: what is the 2%interest rate over 5 years

A: here given    carlos has 3000 to open a bank account p =3000 R =2% N = 5 years  I =PRN100

Q: Mr. Nelson had to borrow $1500 to purchase a new water heater after the snowpacalypse. The loan had…

A: Question is related to interest.

Q: Nicholas Thomas deposits $38,000 in his school credit union for 7 months if the credit union pays 3…

A:

Q: Dr. Seals had to borrow $12000 to pay for college to get her doctorate degree. She agrees to a…

A: Given,  Principal = p = $ 12000  Rate of interest = r = 8%  Time period = n =  2  years    We have…

Q: You invest $10,000 in the Big Delta mutual fund. Over 5 years, your investment grows in value to…

A: According to the given data Initial investment is $10000 After 5 years it becomes $17320 That means…

Q: present value of the loan

A:

Q: Sergio applied for a job with a starting pay rate of $8.00 per hour. The manager who hired him said…

A:

Q: Sally’s parents loaned her $7500 to buy a used car at an interest rate of 7.5%. Sally wants to have…

A: It is given that, Principal amount P= $7500  R(rate)=7.5% r=R100×12=7.5100×12=0.00625 n=2 years…

Q: Kelly purchased her first new car last week for $20 406, taxes included. The loan representative at…

A: The depreciation equation for an amount P whose value is decreasing at  a rate of r% per year for n…

Q: Nicolas Cage borrowed $3,456 from his nephew to fund his new movie. Eight months later, he paid back…

A:

Q: Tom buys a car for $24,000. He pays no money down and will finance at 8% APR for 6 years. What will…

A: Solve by emi method

Q: Patty took out a payday loan for $700 due in 2 weeks that charged a $140 fee. What is the periodic…

A: We can find the annual  rate of interest as follows

Q: You owe $3545 on you credit card. Your minimum payment is 3% of that. The APR is 14.99% Using that…

A: Formula to be used: The formula to calculate the monthly payment i.e., PMT is given by:…

Q: Mary bought her cosmetic products during a sale (20% off) at a well known supermarket. She Paid 516…

A: here we can use simple profit loss calculations.