CamileB148721 CamileB148721
  • 25-10-2022
  • Mathematics
contestada

If the inflation has been 2.7%, how much more do you have to pay this year foran item that cost $11.50 last year?

Respuesta :

CalleeK146650 CalleeK146650
  • 25-10-2022

Given data:

The cost of the item is $11.50.

The inflation percentage is 2.7%.

Increase in the price is,

[tex]\begin{gathered} =11.50\times(\frac{2.7}{100}_{}) \\ =11.50\times0.027 \\ =0.3105 \end{gathered}[/tex]

Total amount to be paid last year,

[tex]\begin{gathered} =11.50+0.3105 \\ =11.8105 \end{gathered}[/tex]

Therefore you will have to pay $ 0.3105 more.

Answer Link

Otras preguntas

A rectangle has no area of 416 cm^2 the length of the rectangle is 32cm what is the perimeter of the rectangle?
Which of the following terms refers to a complex culture where a large number of people share a large number of characteristics? *
Help me!? (please ignore the lines.)
which of these should not do when highlighting a text
What is another way to write 9 times 200
Ishi bought a canvas and 8 tubes of paint for $24.95. If the canvas costs $24.95. If th canvas costs 6.95, how much did each tube of paint cost?
. The water in estuaries is usually _____. as salty as the ocean as salty as fresh water brackish very salty
Explain how capillary action is really just teamwork between adhesion and cohesion.
Solve for www. Give an exact answer in simplified form. 53w+13 < 56w + 16
How does the separation of powers in different institutions limit the federal government's power? What are the consequences for the ability of the federal gover