Ann makes $132 for 11 hours. At the same rate, how much would she make fo 8 hours of work

Mathematics

1 answer:

r-ruslan [8.4K]3 years ago

4 0

Answer:

ITS A NUMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR R R R R R R R R R R R R R R R R R R R R R R R R R R R R R R R R RR R R R R R R R R R R R

Step-by-step explanation:

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Amy finished her history assignment in 144 hours. Then she completed her math assignment in 1/3 hours. What was the total amount

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144 hours and 20 mins.

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3 years ago

Gertrude takes out a $5,500 subsidized stafford loan, which must be paid back in ten years. gertrude will graduate four years af

Leno4ka [110]

The total amount of interest will Gertrude pay by the time the subsidized Stafford loan is repaid is $2094.80.

<h3>What is compound interest?</h3>

Compound interest is the amount charged on the principal amount and the accumulated interest with a fixed rate of interest for a time period.

The formula for the final amount with the compound interest formula can be given as,

$A=P\times\left(1+\dfrac{r}{n\times100}\right)^{nt}\\$

Here, A is the final amount (principal plus interest amount) on the principal amount P of with the rate<em> r </em>of in the time period of <em>t.</em>

Gertrude will graduate four years after taking out the loan. if the loan has an interest rate of 6.8%, compounded monthly, and Gertrude makes monthly payments.

Put the values in the above formula as,

$5500=P_{mt}\times\left(1-\dfrac{6.8}{12\times100}\right)^{-12\times10}\\P_{mt}=63.29$