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andriy [413]
3 years ago
5

Laraine worked 40 regular hours last week, plus 3 overtime hours at the 1.5 rate. Her pay was $476.15. What was her hourly rate?

Mathematics
1 answer:
Oksanka [162]3 years ago
6 0

Answer:

Her hourly rate is $10.7

Step-by-step explanation:

Here, we are interested in calculating Laraine hourly rate.

In the question, we are told that the overtime rate is 1.5 times the regular hours rate.

Now, let the regular hours rate be $x / hour

For a total of 40 hours, the total money made will be 40 * x = $40x

Now let’s look at the overtime;

Since the overtime is 1.5 times the regular and she had 3 overtime hours;

Money obtained from overtime will be 1.5 * x * 3 = $4.5x

Let’s add this to the regular and equate to the total money made;

4.5x + 40x = 476.15

44.5x = 476.15

x = 476.15/44.5

x = 10.7

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Jasmine wants to start saving to purchase an apartment. Her goal is to save $225,000. If she deposits $180,000 into an account t
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The time it will take the principal to grow to the desired amount is 0.7 years

Using the compound interest formula :

A = P(1 + r/n)^(nt)

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Learn more : brainly.com/question/21270833?referrer=searchResults

8 0
2 years ago
Read 2 more answers
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