Answer:
$99
Step-by-step explanation:
Cost of electricity per year= $165
Tax per month= 5%
Amount of tax paid per month= 5% of $165
= 0.05 × 165
= $8.25
Ella's family pays $8.25 tax per month
There are 12 months in 1 year
Ella's family will pay Ina year = $8.25 × 12
= $99
Ella's family will pay $99 tax for an entire year
The answer to the question is b
Answer:
B. 5 and 1/4 percent
Step-by-step explanation:
Step one:
given
principal= $2460
time= 3 and 1/2 years= 3.5 years
SI= $452
Required
The rate
Step two:
we know that
SI= PRT/100
substituting our data we have
452= 2460*R*3.5/100
452=8610R/100
cross multiply
452*100= 8610R
divide both sides by 8610
45200/8610= R
R= 5.25%
R= 5 and 1/4 percent
