To tackle this problem, we first need to ascertain the commission taken by the pizza shop and how much money belongs to Mindy. We know that Mindy sells her artwork for $15, and the pizza shop retains a 15% commission. Therefore, the commission is calculated as (15/100) * 15, which equals 2.25 dollars. This means the pizza shop deducts $2.25 from each art sale made by Mindy. Consequently, the amount Mindy receives is (15 - 2.25), resulting in $12.75. Since Mindy opts not for cash but instead chooses a pizza valued at $12, including a 5% sales tax, it seems she benefits by $0.75 plus the pizza worth $12. Therefore, this arrangement appears fair for Mindy. Meanwhile, the pizza shop also makes an additional $2.25 from this transaction, making it equitable for both Mindy and the shop owner.
629.20 divided by 520 equals 1.21
Power of 6V1.21 equals 1.0323
Interest rate is 3.23
The response is A
I hope this information is useful.
