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2 years ago

Tameka earns a gross annual salary of $184500. What is her net monthly salary after monthly deductions of $4800?

Mathematics

1 answer:

victus00 [196]2 years ago

6 0

Answer:

$126,900

Step-by-step explanation:

Step One: Write the equation: 184500-4800

Step Two: Divided 184500 by 12 to find the monthly payments

Step Three: Monthly Payments/4800

Step Four: After you divide, you have your answer!

Have a Great Day and Good Luck! If this helps, can you please mark me Brainliest?

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3 years ago

$6000 are invested in a bank account at an interest rate of 10 percent per year.

Licemer1 [7]

The amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.

<h3>What is compound interest?</h3>

Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-

$A=P[1+\dfrac{r}{n}]^{nt}$

a) The amount in the bank after 6 years if interest is compounded annually.

$A=P[1+\dfrac{r}{1}]^{t}\\\\\\A=6000[1+\dfrac{0.01}{1}]^{ 6}$

A= $6369

b) The amount in the bank after 6 years if interest is compounded quarterly.

$A=P[1+\dfrac{r}{4}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{4}]^{4\times 6}$

A= $6090

c ) The amount in the bank after 6 years if interest is compounded monthly.

$A=P[1+\dfrac{r}{12}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{12}]^{12\times 6}$

A=$6030

Hence the amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.

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3 years ago

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Step-by-step explanation:

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3 years ago

Tameka earns a gross annual salary of $184500. What is her net monthly salary after monthly deductions of $4800? ​

Tameka earns a gross annual salary of $184500. What is her net monthly salary after monthly deductions of $4800?