Nicole used her credit card to buy a $1,255 mattress. her credit card has an apr of 11.56%, compounded monthly, and the mattress was the only purchase on the card. nicole paid off the mattress after two and a half years. if the sales tax in nicole’s area is 9.08%, how much interest did nicole pay in total? (round all dollar values to the nearest cent.) a. $213.85 b. $456.20 c. $196.10 d. $327.86

Nicole paid an interest of $213.85 in total.

Step-by-step explanation:

The cost of mattress = 1255

Sales tax rate = 9.08%

Amount after sales tax = dollars

Now, total amount due or p = 1368.95

r =

n = 2 and half years or

EMI formula is =

Putting the values in formula we get;

=

Monthly payment = $52.76

In 30 months she paid = dollars

Interest paid = dollars

So, Nicole paid an interest of $213.85 in total.

option a.

step-by-step explanation:

if you look closely at the graph, we can notice that the function is not defined at two different points.

if you look at functions b and c, you will notice that both functions are not defined at just one point. the function b is not defined at x= -5/2 and function c is not defined at x=-5. both options are discarded, given that our function should not be defined at two fiferent points.

now, if you look closely at the graph you will notice that the function sketched is not defined at x=5 and x=-2.

according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

step-by-step explanation: