QUESTION 4 Find Future Value Using Simple Interest Formula:
Chad got a student loan for $10,000 at 8% annual simple interest. If Chad paid off the loan in two years, how much interest did he pay?
A $1,600
B. $1,664
C. $800
D. $2,800
QUESTION 5
Find Future Value Using Compound Interest Formula:
You deposit $1,000 into an account earning an APR of 6% compounded annually for 7 years. What's the future value?
A $1,503.63
B. $1,418.52
C. $503.63
D. $1,593.85

with btw u said 100pts but it clearly says

i answerd and just got 10pts

no hate

the final amount you will pay is $68.04.

the tip is determined by the pre-tax amount, so we calculate the tip based on the original bill, not after we've added sales tax.

to find the tip:

we can divide 54.00 by 100 to get 1% of 54. then we multiply that by 18.

54 / 100 = .54

.54 x 18 = 9.72

tip = 9.72$

to find the tax:

we can divide 54.00 by 100 to get 1% of 54. then we can multiply that by 8 to get 8%.

54 / 100 = .54

.54 x 8 = 4.32

tax= 4.32

now we can add the tip and tax to the bill to get our total.

54 + 9.72 + 4.32 = 68.04

total: $68.04

step-by-step explanation: