Answer: nevermind makes sense now
1 and 1/6
Total amount needed for the video game = $200
Total amount of money saved = $68
Amount of money that is needed to be saved = 200-68 =132
So raj needs to work additional hours in order to earn the remaineder$132 for the video game
Hourly wage = $5.5
So, number of hours that Raj needs to work to earn $132 = $132/5.5 = 24 hours
Number of hours that Raj needs to work to earn the remainder of the money = 24 hours
The answer depends on what type of interest. If you are using compound interest, then the interest is different every year, as the amount you earn goes up because the amount you have in the bank goes up. Simple interest is the opposite, as you earn one amount each year, and it does not change.
So.....
Simple Interest:
0.12 * 150 = 18
18 * 8 = 144
144 + 150 = $294
Compound Interest:
150(1 + 0.12)^8
150 * 1.12^8
150 * 2.475 = $371
Yes because when your multiply every thing together you’ll have 9/15 miles
