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Gwar [14]
3 years ago
6

Obasi earns 150% of his regular hourly wage while working overtime. What fraction of his regular hourly wage does Obasi earn whi

le working overtime?
Mathematics
1 answer:
LenaWriter [7]3 years ago
6 0

Answer:

3/2

Step-by-step explanation:

We are simply required to write the percentage in fraction form.

150%  : 150/100

150/100 = 3/2

Thus, Obasi earns 3/2 of his hourly wage when working overtime.

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You save for retirement over 30 years by investing $850/month in a stock account that yields 10%. You invest $350/month in a bon
sergejj [24]

Answer:

  $13,287.70

Step-by-step explanation:

The future value of the stock account is computed as the sum of a geometric series. This computation assumes that the annual yield is compounded monthly.

  FV = p((1+r/12)^(12n) -1)/(r/12)

For the stock account, p=850, r=0.10, n=30, so the future values is ...

  FV = 850((1+.10/12)^360-1)/(.10/12)) = 1,921,414.74

For the bond account, p=350, r=.06, n=30, so the future value is ...

  FV = 350((1+.06/12)^360 -1)/(.06/12) = 351,580.26

The combined account value at the end of 30 years is ...

  $1,921,414.74 + 351,580.26 = $2,272,995.00

_____

The monthly payment that can be made over a 25 year period is given by the amortization formula.

  A = P(r/12)/(1 -(1 +r/12)^(-12n))

  = $2,272,995.00(.05/12)/(1 -(1+.05/12)^-300) = $13,287.70

You can withdraw $13,287.70 each month assuming a 25-year withdrawal period.

6 0
3 years ago
-p + 4p = 6 prob the last one for now i think
Irina-Kira [14]

Answer:

p = 2

Step-by-step explanation:

First, simplify:

3p = 6

Then, divide 3 on both sides:

p = 2

Hope this helps ^^

8 0
3 years ago
Read 2 more answers
The temperature in some region of Alaska equals 15 F. Convert this temperature to Celsius.
sergij07 [2.7K]
The formula you need to use is C = 5/9•(F - 32)

So take 15 and subtract 32: 15-32 = -17
Then multiply that by 5/9: 5/9•(-17) ≈ -9.44

7 0
3 years ago
12.5 of what number is 150
Y_Kistochka [10]

Answer: 1,200


Step-by-step explanation:

1,200 x .125 = 150


4 0
3 years ago
Read 2 more answers
Show an equation to find out how many milliliters are in 3.4 L
Allisa [31]

Answer:

3,400 ml

Step-by-step explanation:

Conversion factor: 1000

2) mL = L * 1000

3) mL = 3.4 * 1000

4) mL = 3400

3 0
3 years ago
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