Someone explain this to me?
1 answer:
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Answer :
The value of number of hours overtime per week will he needed to achieve his earning goal = 5 hours
Step-by-step explanation:
Payment for first 40 hours = $ 32 per hour
Payment over 40 hours = $ 48 per hour
Eli’s goal is to earn = $ 1520 per week ------- (1)
Total payment for first 40 hours = 32 × 40 = $ 1280 ------ (2)
Suppose person worked hours in overtime, then
The total payment for hours = 48 ×
= $ 48
------------ (3)
Total earnings of the person in a week ⇒ $ 1280 + $ 48 = $ 1520
⇒ 1280 + 48 = 1520
⇒ 48 = 1520 - 1280
⇒ 48 = 240
⇒ = 5 hours
This is the value of number of hours overtime per week will he needed to achieve his earning goal.
Answer:
A = $3661.59
I = 461.593
Step-by-step explanation:
1. Use the CI formula. (Reference in file.)
2. Solve equation after plugging the given information we have.
3. We will have the Amount after solving the equation.
4. To find interest we use formula A=P+I
Source - TutorEye
