Answer:
3.93 per hour
Step-by-step explanation:
The first 4 hours is at 20 hours / 4 hours or 5 dollars an hours
The second line has a slope of 2.50 dollars an hour
But there is also a surcharge when you go over 4 hours
That is a 5 dollar flat rate at 4 hours
Assuming that we do not include the flat rate in the hourly calculation
4 hours * 5 dollar + 3 hours * 2.50 = 20+7.50
27.50 is the hourly charge
Divide by 7 hours
3.928571429
3.93 per hour
Answer:
YES YES HE VENTED ITS NOT ME DONT WORRY
Answer:
The amount after 4 years = $ 16198.87
Step-by-step explanation:
Points to remember
Compound interest
A = P[1 + R/n]^nt
Were A - Amount
P - Principle
R - Rate of interest
t - Number of years
n - Number of times compounded
<u>To find the amount</u>
Here P = $11,800, R = 8% = 0.08, t = 4 years and n = 4 times
A = P[1 + R/n]^nt
= 11800[1 + 0.08/4]^(4 * 4)
= 16198.87
Therefore amount after 4 years = $ 16198.87