Q:

Trisha bought a flower vase that costs $25 and arug that costs $48, not including tax. She receiveda 5% discount on the cost of the flower vase and a10% discount on the cost of the rug.What is the cost for both items that Trisha boughtafter the discount, not including tax?A $62.05B $66.95C $68.10D $79.0510 Agnes put $500 into an account that earns 2%simple annual interest. How much money will shehave in the account after 6 years if she makes nowithdrawals or deposits?A $60B $560C $1,100D $6,500PLEASE HELP AND PLEASE SHOW STEPS!

Accepted Solution

A:
First problem
5% discount on the flower vase, means 100-5=95% that now the vase costs 95% of the initial price
95%  can be converted into decimals=0.95

95% of the initial price, or 0.95 of(times, *) the initial price
0.95*25 -  the vase costs now

10% discount on the rug, means 100-0=90% that now the rug costs 
90% of the initial price

90%  can be converted into decimals=0.9

90% of the initial price, or 0.9 of(times, *) the initial price
0.9*48 - the rug costs now

0.95*25+0.9*48=  %66.95 both items cost now 
answer B $66.95

Second problem
P=P(initial)(1+rt)
P(initial)=500, rate=2%=0.02, t(time)=6  (years)
P= 500(1+0.02*6)= 560
B) $560