Chapter 1: Problem 47
\(-8(9 m)\)
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Chapter 1: Problem 47
\(-8(9 m)\)
These are the key concepts you need to understand to accurately answer the question.
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The original price of a box of cereal is \(\$ 4.59\). If the cereal is on sale at \(18 \%\) off, find the cost of 4 boxes of cereal. Round to the nearest hundredth.
The diameter of a circular saw blade is 7.25 in. Find its circumference. Round to the nearest hundredth.
If the market value per share of Microsoft Corp. stock is \(\$ 30.16\) and the earnings per share are \(\$ 1.39\), find the \(\mathrm{P} / \mathrm{E}\) ratio. Round to the nearest hundredth.
Problem: Find the simple interest earned on \(\$ 300\) invested for 5 years at an annual simple interest rate of \(4.5 \%\). Incorrect Answer: \(I=P R T\) $$ \begin{aligned} &I=(\$ 300)\left(\frac{4.5}{1 \text { year }}\right)(5 \text { years }) \\ &I=\$ 6750 \end{aligned} $$
\(5^{2}\)
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