Author Question: A pet store had 468.42 cash on hand. It received cash payments of 62.88 and 59.14 . It paid out ... (Read 78 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
A pet store had 468.42 cash on hand. It received cash payments of 62.88 and 59.14 . It paid out 56.50 to have the windows washed. Determine the amount of cash the pet store had left.

Question 2

Red Winowski invested money for five years because he was guaranteed that he would earn 12 ordinary simple interest (360-day year) per year. At the end of five years, he received all of his original investment plus an additional 1,500 as the interest that he had earned. How much money had Red invested five years earlier?



momo1250

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

468.42 + 62.88 + 59.14 - 56.50 = 533.94

Answer to Question 2

P = I  (RT) = 1,500  (0.12  5) = 2,500



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library