I need help simple explanation if possible
1 answer:
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<u>Answer:</u>
<u>Step-by-step explanation:</u>
We know from the question that the student earned $12.50 <em>per hour</em>.
Using this information, we can say that if the student worked for <em>h </em>hours, they would make a total of 12.50 × <em>h </em>dollars.
We also know that the total money they earned is $2500.75.
∴ Therefore, we can set up the following equation:
From here, if we want to, we can find the number of hours worked by simply making <em>h</em> the subject of the equation and evaluating:
<em>h </em>=<em> </em>
= 200.6 hours
Our P = 100, r = .08, n = 1 (annually means once a year), and t = 15. Filling in accordingly, we have 
. Simplifying a bit gives us 
and 
. Raising that number inside the parenthesis to the 15th power gives us 
. Multiplying to finish means that A(t) = $317.22