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netineya [11]
2 years ago
15

Need help with homework 5x1/16

Mathematics
1 answer:
dem82 [27]2 years ago
5 0

5 x 1/16=

5/16

Ummm.... Am I right?

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Heather makes $6.50 per hour. Every three months, she is eligible for a 2% raise. How much will she make after 2 years if she ge
sammy [17]

Answer:

$7.62 per hour


Step-by-step explanation:

Since, Heather gets a raise every 3 months, in 2 years, she will get a raise 8 times (2years = 24 months, 24 divided by 3 is 8).

Now it becomes a compound growth problem. We can use the formula shown below to solve these type of problems.

F=P(1+r)^t

Where,

  • F is the future value (what we want to find)
  • P is the present rate ($6.5)
  • r is the rate of growth, in decimal (2% growth means 0.02)
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<u>Now plugging in all the info, we get the value of F:</u>

F=P(1+r)^t\\F=6.5(1+0.02)^8\\F=6.5(1.02)^8\\F=7.62


Thus, after 2 years, Heather's hourly rate will be $7.62


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3 years ago
Rearranging formulae:
bazaltina [42]

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hope this helps you

option B

Step-by-step explanation:

ecf-zutd-cpt.

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