2x7-10/9-4 What is the answer for this
1 answer:
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Question is Incomplete;Complete question is given below;
Brian's gross earnings for the week of July 8, 2019, are $1227.38. His deductions comprise 23% of his total compensation.
What is his net pay?
Enter the answer to the nearest hundredth, such as $1234.56.
Answer:
Brian's Net pay is $945.08.
Step-by-step explanation:
Given:
Gross earnings for the week = $1227.38
Deductions = 23%
We need to find the net pay.
Solution:
First we will find the amount deducted.
amount deducted is equal to Deductions on Gross pay.
framing in equation form we get;
amount deducted =
Now we can say that;
Net pay is equal to Gross earnings minus amount deducted in tax.
framing in equation form we get;
Net pay =
Rounding to nearest hundred we get;
Net pay = $945.08
Hence Brian's Net pay is $945.08.
Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.