The value at the end of the year is 100% - 20% = 0.80 of the value at the beginning of the year. After 4 years of multiplying by this factor, the value is
$17,500·0.80⁴ = $7,168
Distribute the .25 to get .25x + 1 - 3 = 28
Then simplify to get .25x - 2 = 28
Move the two to the right to get .25x = 30
Then divide to leave x: 30 / .25 = 120
X = 120
Answer:
1. 700
2. $157.50
3. $857.50
Step-by-step explanation:
Regular pay is calculated by taking 40 hours x $17.50 to get $700.
Overtime is calculated by taking 6 hours x 17.50 x 1.50 to get $157.50
Gross pay would be adding these two amounts together.
Answer: 60 decrease or 150 decrease
Step-by-step explanation: