Question

15.
In Store A, a book that regularly sells for $24.99 is on sale at 15% off. In Store B, the same book regularly sells for $27.99 and is on sale at 25% off. Which store sells the book for the lower sale price? (1 point)

Store A; Store A’s sale price is $18.74, and Store B’s sale price is $23.79.
Store A; Store A’s sale price is $18.74, and Store B’s sale price is $20.99.
Store B; Store A’s sale price is $21.24, and Store B’s sale price is $20.99.
Store B; Store A’s sale price is $21.24, and Store B’s sale price is $23.79.

16.
Find the final balance in an account with $730 invested at 3% annual simple interest for 4 years. (1 point)

$735.48
$87.60
$817.60
$8,760.00

My answers:
15. Store B; Store A’s sale price is $21.24, and Store B’s sale price is $20.99.
16. How can I find the balance of the account when the problem only gives me the equation for the simple interest?
16.

Answer 1

15. is correct

16.

I = PRt
I = 730 * 0.03 * 4

Answer 2

16) you are given 730...so add the interest to it

15) correct

Answer 3

saucy