Alayna worked 44 hours last week. Her hourly rate is $9.00. Alayna's gross pay for last week was $
2 answers:
Answer: $396
Step-by-step explanation:
Given : The number of hours Alayna worked last week = 44 hours
Her hourly rate is $9.00.
To find the gross pay for last week, we need to multiply the number of hours she worked by the hourly rate.
Then, Alayna's gross pay for last week=
i.e. Alayna's gross pay for last week= $396
Hence, Alayna's gross pay for last week= $396
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The monthly amortization is P23,511.63
<h2>Compound interest</h2>The formula for calculating the compound interest is expressed as:
whrere:
- P is the principal = P700,000
- r is the rate = 12% = 0.12
- t is the time = 4 years
- n = 12
Substitute the parameters
Calculate the monthly payment:
Monthly payment =
Hence the monthly amortization is P23,511.63
Learn more on compound interest here: brainly.com/question/24924853