Puzzle Three
You are starting a savings account for college. You put
$1.000 in as your starting balance. You earn simple
interest at 10% every year. You also must pay 30%
income tax on the interest earned annually calculate
the interest, balance, tax paid, and the overall balance
of the account after taxes. To break the code determine
the accounts overall balance for year 5 after taxes after
been paid.
10% Overall 30% Tax Overall
Interest Balance
Balance
after taxes
Year 1
Year 2
Year 3
Year 4
Year 5

Overall Balance for year 5 after taxes:

75 tickets have been sold so far.

step-by-step explanation:

in this question it is clearly mentioned that 45 children's tickets have been sold and this number is 60% of the total tickets sold.

now let's assume the total number of tickets sold be x.

then 60% of x = 45

⇒

⇒ x(.6) = 45

by dividing with .6 on both the sides of the equation

⇒ x = 75

therefore 75 tickets have been sold so far.

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

it would have to be 3/0