Answer:
False
Step-by-step explanation:
<span>$8.50/hr multiplied by 16 hours worked equals $136. $136 minus (7.65%)(136) equals $125.60. $125.60 minus (9.15%)(136) equals $113.16. Travel expenses of $6.00 multiplied by 4 equals $24. $113.16 minus 24 equals $89.16 net income.</span>
Answer:
9.48
Step-by-step explanation:
Answer: First option is correct.
Step-by-step explanation:
Since we have given that
Amount invested = $396
Interest rate = 13% per year
Time = 3 years
We will use the "Exponential growth formula" i.e.
Here,
P denotes Principle amount
r denoted rate of growth
t denotes number of years,
So, it becomes
Hence, First option is correct.