<h3>4 people do 10 hours and one person does 20 hours</h3>
<em><u>Solution:</u></em>
Given that,
A supervisor must split 60 hours of overtime between five people
One employee must be assigned twice the number of hours as each of the other four employees
Let "x" be the number of hours overtime per person.
One person does 2x hours of overtime
Which means,
(number of hours overtime per person)(6 person) = 60 hours
6x = 60
x = 10
Thus, 4 people do 10 hours and one person does 20 hours
Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
Answer:
x = 27
y = 29
Step-by-step explanation:
