gloria worked for 6 hoursfor a day for for 2 days at the bank and earned $114.24.how much did she earn per hour

Mathematics

1 answer:

drek231 [11]3 years ago

3 0

You will need to dived 114.24 & 6 = answer is 19.04

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You have $5600. The best interest rate you can find is 3%

EleoNora [17]

Answer:

18 years

Step-by-step explanation:

The formula for computing accrued amount A for a principal of P at an interest rate of r(in decimal) compounded n times in a year for t years is given by

$A = P(1 + \frac{r}{n})^{nt}$

Note that r is percentage converted to decimal. So 3% = 3/100 = 0.03

We can rearrange the above equation to:

$\frac{A}{P} = (1 + \frac{r}{n})^{nt}$

Taking logs on both sides

$log(\frac{A}{P}) = log(1 + \frac{r}{n})^{nt}$

This gives

$log(\frac{A}{P}) =nt \times log(1 + \frac{r}{n})\\So,\\nt = \frac{log(\frac{A}{P})}{ log(1 + \frac{r}{n})}$

In this particular problem, n = 4, , A= 9600, P = 5600, r =0.03, so r/n = 0.03/4 = 0.0075

1 + r/n = 1+0.0075 = 1.0075

4t = log(9600/5600)/log(1.0075) = log(1.714) / log(1.0075) = 0.234 /0.00325 = 72

t = 72/4 = 18 years

4 0

2 years ago

What’s a line equation passing through (14,-8) and (24,-3)

Nataly_w [17]

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$\bf \begin{array}{|c|ll} \cline{1-1} \textit{point-slope form}\\ \cline{1-1} \\ y-y_1=m(x-x_1) \\\\ \cline{1-1} \end{array}\implies y-\stackrel{y_1}{(-8)}=\stackrel{m}{\cfrac{1}{2}}(x-\stackrel{x_1}{14}) \\\\\\ y+8=\cfrac{1}{2}x-7\implies y=\cfrac{1}{2}x-15$