The 2nd and 4th one are correct answers! Hope this helps! ;)
Working out the different pay rates earned by Ike Phillips :
- Time and half pay rate = $17.055
- Double pay rate = $22.74
- Time and half earning = $114.2685
- Double rate earning = $77.316
- Gross earning = $646.3845
Let :
Regular rate = $11.37
Total earning for the week = $454.80
Double pay hours = 3.4
Time and half pay hours = 6.7
- Time and half pay rate = 1.5 × regular pay rate = 1.5 × 11.37 = $17.055
- Double pay rate = 2 × regular pay rate = 2 × 11.37 = $22.74
- Time and half earning = rate × time = $17.055 × 6.7 = $114.2685
- Double rate earning = rate × time = $22.74 × 3.4 = $77.316
- Gross earning = (regular + time and half + double earning) = $(454.80+114.2685+77.316) = $646.3845
Therefore, Ike's gross earning for the week is $646.3845
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Answer: 117.5
Explanation: Assuming that after 10 years the lawn mower would have a value of 0. We can evenly divide $470 by the amount of years.
$750/10 = $75
We would then multiply 75*7.5 years to then realize the value lost over that amount of time would be $352.5, subtracting that from the original value of $470 would then be 117.5