If $6700 is invested at 4.6% interest compounded semiannually, how much will the investment be worth in 15 years?
2 answers:
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For this problem you are going to need to know the point-slope equation which is:
y-y₁=m(x-x₁)
Now, m=slope and the x and y values are given to us already, so now we just plug our variables into the formula.
It should look like this:
Since all they are asking for is for you to put it into a formula this will be your answer.
y-y₁=m(x-x₁)
Now, m=slope and the x and y values are given to us already, so now we just plug our variables into the formula.
It should look like this:
Since all they are asking for is for you to put it into a formula this will be your answer.
Answer:
His total gross pay for the week is $588.25.
Step-by-step explanation:
Consider the provided information.
Jarry has a salary of $43 per day and he worked for 4 days.
Thus, the salary of 4 days is:
4 × $43= $172
The average tips is 18% of his total gross food orders.
Last week he had total food orders of $2,312.5. Therefore, the total tips he received is:
Total tips he received is $416.25.
His total gross pay for the week = The salary of 4 days + Total tips he received.
His total gross pay for the week = $172 + $416.25
His total gross pay for the week = $588.25
Hence, his total gross pay for the week is $588.25.