Jared buys 30 cups of juice for his class for breakfast. Each cup of apple juice costs $0.75, and each cup of orange juice costs $0.50. He spends $17.75 total. How much does he spend on orange juice?
A. $5.50
B. $8.25
C. $9.50
D. $14.25

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

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step-by-step explanation:

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answer: 270

step-by-step explanation:

you have to times 200 by 1.35 to get your answer

final total: 63

step-by-step explanation:

60 times sales tax

60 times 0.05

3

60 + 3

63