4. A sports store pays $45 for a baseball glove and sells it for $75. What is the markup?
$40
$30
$67
$42
5. Markup is the sum of the selling price and the cost.
True
False
6. You arrange for a 6-month bank loan of $5,500 at an annual interest rate of 4%. Find the maturity value of the loan.
$6,820
$5,390
$1,320
$5,610
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OpenStudy (anonymous):
a.30
OpenStudy (sagewilson):
By "mark up" I assume they mean the difference, just subtract 45 from 75. @TaneishaW not to be a bother or anything but you're not supposed to give direct answers, if you're going to at least message them privately.
OpenStudy (sagewilson):
The selling price, being the cost plus markup, is: 25 + 10 = 35
OpenStudy (phagey):
ok @SageWilson
OpenStudy (anonymous):
o didn't know sorry
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OpenStudy (sagewilson):
It's okay
OpenStudy (phagey):
number 2 is false?
OpenStudy (phagey):
i mean number 5 is it false and how do i do 6?
OpenStudy (sagewilson):
5 isn't false
I'm not really sure how to do #6
You can tag anyone you know and have them help.
OpenStudy (sagewilson):
@mathmale
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