Answer: $90
Explanation: This problem can be solved by using following equation :-
Let John's hourly wage rate be J, Mary's hourly wage rate be M and Dennis hourly wage rate be D, therefore :-
Mary's rate will be :-
M = 2J............equation 1
AND,
J + D = $60 ..... equation 2
Similarly,
D = 1/3J
Now,putting the value of D in equation 2 we get,
J + 1/3J = $60
J = $45
Putting the values of J in equation equation 1 we get,
M = 2 * $45
= $90
So, Mary's hourly wage rate is $90
Answer:
$ 4242.76
Explanation:
Annual payment = rP / (1 - ( 1 + r)^-n)
r = rate = 9.5%
P = the amount borrowed = $ 21000
n = number of years
Annual payment = 0.095 ($ 21 000) / ( 1 - (1 + 0.095)⁻⁷ ) = $ 4242.76
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<span>When the minor children reach a certain age, the living trust is always discontinued: FALSE
A living trust is established while the owner of the property or money put in trust is still alive.TRUE
The estate is managed, invested, and controlled by the trust agency or person.TRUE
The profit is paid to the owner during his lifetime, and to whomever he names upon his death.
TRUE</span>
