3 years ago

Melissa makes 9 dollars

1 answer:

8 0

Knowing she makes $9 for each 1 hour, you know that if you'd need to find how much she made after 4 hours, you would do 9(4), giving you the answer of $36.
With this knowledge, you can replace the 4 with h.

9(h)=P

The reason why it's such a simple equation is because it's per hour and nothing else is being increased, decreased, or changed.

Hope this helps!

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Logan wants to have $130,000 to pay for a surgery on his retractable forearm claws in 30 months. If he can invest money in an ac

dangina [55]

Answer: $107,836.69 or about $107,837 (to the nearest dollar)

Step-by-step explanation:

Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :

$A=P(1+\dfrac{r}{12})^{t}$

As per given , A = $130,000

r= 7.5% = 0.075

t= 30 months

Now,

$130000=P(1+\dfrac{0.075}{12})^{30}\\\\\Rightarrow 130000=P(1+0.00625)^{30}\\\\\Rightarrow 130000=P(1.00625)^{30}\\\\\Rightarrow 130000=P \times1.20552661036\\\\\Rightarrow\ P=\dfrac{130000}{1.2055266}=107,836.69$