The formula is
I=prt
I interest earned 14.65
P initial deposit ?
R interest rate 0.025
T time 2 years
Plug in the formula
14.65=p×0.025×2
Solve for p
14.65=0.05p
Divide both sides by 0.05
P=14.65/0.05
P=293....answer
Hope it helps!
Attached the solution and work.
Answer:-0
Step-by-step explanation:
Answer:
Option B,contract job
Step-by-step explanation:
It is likely the number of hours in a work week is 40 hours .
With fifty weeks in year 2020 and 10 ten days of Bank Holidays,the gross annual income from the contract full time employment can be computed thus
gross annual income=$40*40*(53-2)=$81,600
The pay is $40 per hour
In a week 40 hours are worked
There are fifty three weeks in the year minus 10 days of holiday which represents 2 working weeks for a Monday to Friday job
The gross annual income for full time permanent role is $78,000
As a result,the full time contract job pays more