Question

To the nearest cent, evaluate $73.50 * (7.5% + 1.25%).

Answer 1

The answer is $6.43. Hope this helps

Answer 2

The value of $73.50 * (7.5% + 1.25%) is $6.43.

Explanation:

The given expression is

`\$73.50* (7.5\%+1.25\%)`

It can be written as

`\$73.50* (7.5\%+1.25\%)=\$73.50* ((7.5)/(100)+(1.25)/(100))`

`\$73.50* (7.5\%+1.25\%)=\$73.50* (0.075+0.0125)`

`\$73.50* (7.5\%+1.25\%)=\$73.50* (0.0875)`

`\$73.50* (7.5\%+1.25\%)=\$6.43125`

`\$73.50* (7.5\%+1.25\%)\approx \$6.43`

Therefore the value of $73.50 * (7.5% + 1.25%) is $6.43.