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Mikaela wants to use her savings to buy a surfboard that costs $329. She has a coupon for 25% off and the sales tax is 7.5%. She deposited $245 in her bank account 3 years ago at a simple interest rate of 3.5% per year. Does she have enough money in her account to pay for the surfboard? Explain your answer.

Respuesta :

mhanifa

Answer:

  • Yes

Step-by-step explanation:

Mikaela needs to pay for a surfboard:

  • 329*(1 - 0.25)*(1+ 0.075) =
  • $265.26

Mikaela will have money in account:

  • 245*(1 + 3*0.035) =
  • $270.73

As she has more money than needed she can buy the surfboard

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