Question

An amount of $3000 is deposited for one year at an interest rate of 4.75% per annum. How much interest will be earned?

Amanda borrowed $3000 at 9.25% for one year. How much in total did Amanda owe after one year If she never paid back any of the borrowed money and now also owes the interest amount as well.

The regular price of a video game is $59.95. This week it’s on sale for 15% off. What does the game cost this week before taxes?

Answer 1

Answer:

1). $3000*4.75% = $142.5

2).

3). $59.95*15% = $8.9925

$59.95 - $8.9925 = $50.9575 ( cost of game )