197 days....200-3 days = 197
Year Net Profit
1 <span>$14,250.00
2 $15,390.00
3 $16,621.20
4 $17,950.90</span>2
We need to get the increase of the net profit of the current year from the previous year.
Percentage increase = (Current year - Previous Year)/ Previous Year * 100%
Year 2: (15,390 - 14, 250) / 14,250 * 100% = 0.08 * 100% = 8%
Year 3: (16,621.20 - 15,390) / 15,390 * 100% = 0.08 * 100% = 8%
Year 4: (17,950.90 - 16,621.20) / 16,621.20 * 100% = 0.08 * 100% = 8%
Every year the net income increases by 8%. So, the net income in Year 5 will be:
17,950.90 x 1.08 = 19,386.97 Choice D.
Answer:
Savannah
Step-by-step explanation:
1. Find the unit rate of all of the tables by dividing the values so that you know how much they earn per hour (ex. for Greg, the ratio is 3hours:$27 so divide all values by 3 to get 1hour:$9).
2. Compare all of the unit rate values (Savannah: $9.50 per hour, Greg: $9 per hour, and Kevin: $8.25 per hour).
