<span>Successive discounts of 20% and 10% are taken on an item priced at $16.
=> Let's find out how much is the discount in all.
=> 16 dollars * .20 = 3.2 dollars
=> 16 - 3.2 = 12.8 dollars.
then another 10% discount,
=> 12.8 * .10 = 1.28 dollars
=> 12.8 - 1.28 = 11.52 dollars is not the price minus the discounts,</span>
Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
Mil seiscientos ochenta,centímetros; le quedan a La tienda Malik’s. 3200-1520=1680 cm
The answer is $12.43
Multiply the two numbers.
