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Natasha2012 [34]
3 years ago
10

An automotive technician has two job offers. shop a would pay him a straight salary of $720 per week. shop b would pay him $20 p

er hour to work flat rate, where his hours would vary according to how many jobs he completes. how many hours would he have to log during a week at shop b in order to match the salary at shop a?
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
6 0
He would have to long 36 hours in order to match the salary
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Answer:

a)  

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b)

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Explanation:

Given:

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Now,

a) Present value = \frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}

for the current price n = 1

thus,

Current price = \frac{\textup{Dividend paid}\times\textup{(1+growth rate)}^n}{\textup{(Required return-Growth rate)}}

=  \frac{\textup{2.15}\times\textup{(1 +0.04)}^1}{\textup{(0.105-0.04)}}

=  $34.4

b) Price in 3 years

i.e n = 3

= \frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}

=  \frac{\textup{2.15}\times\textup{(1 +0.04)}^3}{\textup{(0.105-0.04)}}

=

$37.20

c) Price in 15 years

i.e n = 15

= \frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}

=  \frac{\textup{2.15}\times\textup{(1 +0.04)}^{15}}{\textup{(0.105-0.04)}}

=  $59.57

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Explanation:

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Answer:

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How much resistance is ther in a 12-volt circuit with a 2-amp current
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GIVEN -> Voltage in circuit = 12 V 
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