During 2005 the price of a good increased by 8%. In the sales on January 1st 2006, all items are reduced by 25%. If the sale price of the good is $688.50, find the original price at the beginning of 2005.
A) $935
B) $850
C) $558
D) $2,395
E) $925
Correct Answer:
Verified
Q2: Determine the monthly repayments needed to repay
Q3: A principal of $70,000 is invested at
Q4: A principal of $7,650 is invested at
Q5: Determine the present value of an annuity
Q6: A proposed investment costs $130,000 today. The
Q7: Find the sum of the first 12
Q8: A project requires an initial investment of
Q9: Find the present value of $450 in
Q10: The table below gives the annual
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents