Before being simplified,the instructions for computing incom
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Before being simplified,the instructions for computing income tax in country R were to add 2 percent of one's annual income to the average of 100 units of country R's cunrrency and 1 percent of one's annual income.Which of the following represents the simplified formula for computing the income tax,in country R's currency,for a person in that country whose annual income is
A50+I/200
B50+3I/100
C50+I/40
D100+I/50
E100+3I/100
Last year a certain bond with a face value of $5000 yielded 8 percent of its face value in interest .If that interest was approximately 6.5 percent of the bond's selling price,approximately what was the bond's selling price?
A 4063
B 5325
C 5351
D 6000
E 6154
A50+I/200
B50+3I/100
C50+I/40
D100+I/50
E100+3I/100
Last year a certain bond with a face value of $5000 yielded 8 percent of its face value in interest .If that interest was approximately 6.5 percent of the bond's selling price,approximately what was the bond's selling price?
A 4063
B 5325
C 5351
D 6000
E 6154
1,Formular should be:2%l+(100+1%)/2=50+l/40
So,choose C
2,Selling price = 5000*8%/6.5% = 6153.85
So,the answer is E
So,choose C
2,Selling price = 5000*8%/6.5% = 6153.85
So,the answer is E
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