Answer:
no they don't
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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
Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
Learn more here:
brainly.com/question/3658861
