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sladkih [1.3K]
3 years ago
14

The Burkes pay their babysitter​ $5 per hour before 11 P.M. and​ $7.50 after 11 P.M. One evening they went out for 4 hr and paid

the sitter ​$27.50. What time did they come​ home?
Business
1 answer:
stiks02 [169]3 years ago
4 0

Answer:

They came back home at 12 pm

Explanation:

Giving the following information:

The Burkes pay their babysitter​ $5 per hour before 11 P.M. and​ $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter ​$27.50.

We need to formulate the total cost:

TC= 5*x + 7.5*y

x=5*4= 20

y=7.5*1= 7.5

TC= 5*4 + 7.5*1= $27.5

They came back home at 12 pm

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No,  as the net present value comes in negative

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6 0
3 years ago
The quantity theory of money is a theory of how A) the money supply is determined. B) interest rates are determined. C) the nomi
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Answer:

C) the nominal value of aggregate income is determined

Explanation:

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The quantity theory of money is obtained from the equation of exchange which is:

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Dividing both sides by velocity gives,

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I hope my answer helps.

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ludmilkaskok [199]

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

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Read more about this here

<em>brainly.com/question/7508525</em>

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