Marco earns $16 an hour plus $21 an hour for every hour of overtime. Overtime hours are any hours more than 35 hours for the wee
k.
Part A: Create an equation that shows the amount of money earned, E, for working x hours in a week when there is no overtime.
Part B: Create an equation that shows the amount of wages earned, T, for working y hours of overtime. Hint: Remember to include in the equation the amount earned from working 35 hours.
Part C: Marco earned $602 in 1 week. How many hours (regular plus overtime) did he work? Show your work.
Part A: Create an equation that shows the amount of money earned, E, for working x hours in a week when there is no overtime.
Part B: Create an equation that shows the amount of wages earned, T, for working y hours of overtime. Hint: Remember to include in the equation the amount earned from working 35 hours.
Part C: Marco earned $602 in 1 week. How many hours (regular plus overtime) did he work? Show your work.
1 answer:
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Step-by-step explanation:
hope this helps you dear friend.
Use the attached formula.
exp = [log (total / principal) / n*years]
where "n" is compounding periods per year
exp = [log (7,194.66 / 2,978.41) / (365*21)
exp = log ( <span> <span> <span> 2.4156042989 </span> </span> </span> ) / 7,665
exp = log ( <span> <span> 2.4156042989 </span> </span> ) / 7,665
exp = 0.38302579382 / 7,665
exp = <span> <span> <span> 0.00004997074935681670 </span> </span> </span>
rate = (10^exp -1)* n
rate = (10^<span>0.00004997074935681670 -1) * n
</span>rate = <span><span>(1.0001150685 </span> -1) * 365
</span>rate = <span>(.0001150685) * 365</span>
rate = <span> <span> <span> 0.0420000025 </span> </span> </span>
rate = <span>4.20000025 %
rate = 4.2 %
Yes, it's just that easy. LOL
</span>
exp = [log (total / principal) / n*years]
where "n" is compounding periods per year
exp = [log (7,194.66 / 2,978.41) / (365*21)
exp = log ( <span> <span> <span> 2.4156042989 </span> </span> </span> ) / 7,665
exp = log ( <span> <span> 2.4156042989 </span> </span> ) / 7,665
exp = 0.38302579382 / 7,665
exp = <span> <span> <span> 0.00004997074935681670 </span> </span> </span>
rate = (10^exp -1)* n
rate = (10^<span>0.00004997074935681670 -1) * n
</span>rate = <span><span>(1.0001150685 </span> -1) * 365
</span>rate = <span>(.0001150685) * 365</span>
rate = <span> <span> <span> 0.0420000025 </span> </span> </span>
rate = <span>4.20000025 %
rate = 4.2 %
Yes, it's just that easy. LOL
</span>