Solve Mark-up Applications In the following exercises, find (a) the amount of mark-up and (b) the list price. Cash Back Jason can buy a bag of dog food for $35 at two different stores. One store offers 6% cash back on the purchase plus $5 off his next purchase. The other store offers 20% cash back. (a) Calculate the total savings from the first store, including the savings on the next purchase. (b) Calculate the total savings from the second store. (c) Which store should Jason buy the dog food from? Why?
Solve Mark-up Applications In the following exercises, find (a) the amount of mark-up and (b) the list price. Cash Back Jason can buy a bag of dog food for $35 at two different stores. One store offers 6% cash back on the purchase plus $5 off his next purchase. The other store offers 20% cash back. (a) Calculate the total savings from the first store, including the savings on the next purchase. (b) Calculate the total savings from the second store. (c) Which store should Jason buy the dog food from? Why?
Solve Mark-up ApplicationsIn the following exercises, find (a) the amount of mark-up and (b) the list price.
Cash Back Jason can buy a bag of dog food for $35 at two different stores. One store offers 6% cash back on the purchase plus $5 off his next purchase.
The other store offers 20% cash back.
(a) Calculate the total savings from the first store, including the savings on the next purchase.
(b) Calculate the total savings from the second store.
(c) Which store should Jason buy the dog food from? Why?
Marc earns a yearly bonus of 1.6% of all sales he makes during the year inexcess of $82,000. Determine what Marc’s annual sales must be to earn a yearend bonus of at least $1,800.
Blake starts an IRA (Individual Retirement Account) to save for retirement at the age of 22. He deposits $450 each month. The IRA has an average annual interest rate of 7%. How much money will he have saved upon retirement at the age of 65? Determine the amount of money Blake deposited over the length of the investment and how much he made in interest.
colton pays 8% interest on his 36,000 college loan and 12% on his 13000 car loan what average interest rate does he pay on the total 49000
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