On a shopping trip, melanie decided to buy a light blue coat made from woven fabric. a tag on the coat stated that the price was $79.95. when she brought the coat to the store's sales clerk, melanie was told that the coat was on sale, and she would pay 20% less than the price on the tag. after the discount was applied, melanie paid $63.36, $15.99 less than the original price. the value of melanie's consumer surplus from this purchase is what?

The value of Melanie's consumer surplus from this purchase is $15.99

Explanation:

The consumer surplus shows a difference between the cost price or maximum price of the product and the actual price which is paid by the customer

In mathematically,  

Consumer surplus = Maximum price - the actual price paid by the customer

                               = $79.95 - $63.36

                               = $15.99

The $15.99 denotes the consumer surplus

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answer; institution;