Answer:
a. 25%
b. $1560
c. $130
Step-by-step explanation:
a.
If 75% is paid by company, the rest is paid by Ruth.
Out of 100%, 75% is paid by company, so Ruth pays 100 - 75 = 25%
b.
Per year, the total amount paid is 6240, but Ruth pas 25% of this. So,
25% = 0.25
To get the answer, we multiply 0.25 with 6240.
0.25 * 6240 = 1560
So, $1560 is paid by Ruth annually.
c.
Since 1560 is paid annually (in 12 months), each month Ruth has to pay:
1560/12 = $130
Hence, $130 is deducted each month from her paycheck
Can we see the patern please
Answer:
It is being multiplied by 6 each time.
Step-by-step explanation:4x6, 24x6
2*6*2= 24
24 is the volume of Sheri's freeser
Answer:
$1136.60
Step-by-step explanation:
The formula for exponential growth is f(x) = a(1 + r)^x where a is the initial value, r is the growth rate, and x is the number of time intervals.
We know that Mr. Paris starts with an $1800 initial value, so we can substitute that into the equation:
f(x)=1800(1 + r)^x
We also know the time intervals is 6 months. So that can be substituted as well:
f(x)=1800(1 + r)^6
They told you that the growth rate is 8.5%, which is 0.085 of 1.
f(x)=1800(1 + 0.085)^6
Add the 2 values in the parentheses and you get 1.085
f(x)=1800(1.085)^6
Now solve.
Order of operations requires you to raise 1.085 to the 6th power before multiplying by 1800. So then you have this:
1800(1.63146751) = 2936.64152. That rounds to 2936.60
So $2936.60 is the total amount of money in the bank account, but were looking for the interest earned, which is the difference between the end value and the initial value.
$2936.60 - $1800 = $1136.60
