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Bumek [7]
2 years ago
13

BRAINLIEST ANSWER!! NEED HELP ASAP!

Mathematics
1 answer:
algol132 years ago
6 0

Answer:

1. 30(8.75) + 11t = 400

2. 12.5 hours

Step-by-step explanation:

1. What is given is you work for 30 hours per week at a gas station for $8.75 an hour. You also work as a landscaper for $11 an hour. You want to a make a total of $400 per week.

30 hours and $8.75 an hour would be equivalent to 30(8.75)

We don’t know how many hours you work as a landscaper but you earn $11 an hour, which is equivalent to 11t

Finally, you want to earn a total of $400 a week, which means the sum equals 400

30(8.75) + 11t = 400

2. 30(8.75) = 262.5

400 - 262.5 = 137.5

137.5 / 11 = 12.5

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Firstly, solve the effective annual interest (ieff) with the equation,
 
                          ieff = (1 + i/m)^m -1

where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12

Substituting the values, 
                            ieff = (1 + 0.034/12)^12 - 1 =0.03453

To solve for the future (F) amount of the present investment (P), 
                                       
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Thus, the answer is $1234.76. 


 
                

7 0
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