Answer:
1. $646.56
2. $976
3. $375
Step-by-step explanation:
1. $13.47x40= $530.8 (regular pay)
$13.47x48= $646.56
2. Straight time pay= $15.25(hour) x 40(hours worked)= $610
Overtime Rate= 15.25x2= $30.50
Overtime Pay= $30.5 x 12= $366
Total Pay= 610+366= 976
3. He earns $15.00 per hour and on holiday 2 1/2 times as much so that is $37.5 an hour. If he works a 10-hour shift on a holiday he earns $375
Answer:
The bank can lend $6440 from the deposit amount of $7000
Step-by-step explanation:
Given deposit amount:
$7000
Since the reserve rate is 8%, 8% of 7000 will be reserved by the bank. The bank can lend the remaining amount.
Reserved amount = 7000 * (8/100)
= $560
Amount the bank can lend = 7000-560 = $6440
The bank can lend $6440 from the deposit amount of $7000 ..
Answer:2/5 a)
Hope this helps you...
Step-by-step explanation:
Answer:
$607.75
Step-by-step explanation:
Exponential growth formula:
y = x(1 + r)^t
y = future value
x = present value
r = annual percent rate
t = time in years
y = 500(1 + 0.05)^4
y = 500(1.05)^4
y = 500(1.215506)
y = 607.75
Answer: $607.75