This can be solved by using a simple algebraic equation.
For example, in the first column, Caleb worked 5 hours. We do not know how much he makes per hour, so let that be x. He earned a total of $36.25, so the equation can be written as 5x=36.25.
Divide by 5 on both sides, and you get x= 7.25
He earns $7.25 per hour of work.
Repeat this for all the workers:
Jeremy: 7.5x=65.25
x= $8.70
Maria: 4.25x=34.00
x= $8
Rosa: 8x=54.00
x= $6.75
Jeremy has the greatest hourly rate
Answer:
Tn=T1+(n-1)*d
Step-by-step explanation:
Tn is the nth term
T1 is the first term of the sequence
n is the nth term as well
d is the common difference
Answer:
Step-by-step explanation:
we know that
A relationship between two variables, x, and y, represent a direct variation if it can be expressed in the form
or
In a direct relationship the constant of proportionality k is equal to the slope m of the line and the line passes through the origin
step 1
Find the value of the constant of proportionality k
we have
the ordered pair (2, 7)
so
----->
therefore
The relation is
----->
APY is 17.91%
<u>Step-by-step explanation:</u>
APR and APY both are the annual rate of interest, among that APY takes the compounding value into the account. So to find APY , we can consider a thing bought for $ 100 and an year contains 4 quarters.
So to find APY we can write as,
For the first quarter:
$ 100 × 16.82% / 4 = $ 4.205 rounded to $4.2
Now $100 is added to $ 4.2, we will get $ 104.2.
For the second quarter:
$ 104.2 × 16.82% / 4 = 4.381 ≈ $ 4.4
For the third quarter:
$ 108.6 × 16.82% / 4= $ 4.6
For the fourth quarter:
$ 113.2 × 16.82% / 4 = $4.8
$ 113.2 + $4.8 = $ 118
So APY on this credit card is 17.91%