1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
artcher [175]
3 years ago
15

Your friend Michelle just graduated and has two job offers that she is considering. Both job offers pay the same, but JobA

Mathematics
1 answer:
just olya [345]3 years ago
5 0

Money offered to Michelle per annum in Job A = $1700

Number of years she will work in job A = 5

Percentage of earnings per annum for her retirement plan = 6.60%

Money she will earn will be the simple interest at the end of 5 years.

We know that :

\color{plum}{ \tt{Simple \:  interest  =  \frac{Principle  \ \: \times  \: Rate  \:  \: \times \:  \:  Time}{100} }}

Principal = $1700

Rate = 6.60%

Time = 5 years

Which means :

=  \frac{1700 \times 6.60 \times 5}{100}

=  \frac{56100}{100}

= \color{plum}\$561

We also know that :

\color{plum}\tt \: Amount = Principal + Interest

Amount Michelle will earn at the end of 5 years for her retirement plan :

= 1700 + 561

=\color{plum}\bold{\$ 2261}

2261 can be rounded off to 2260.

Therefore, Michelle will earn <u>$2260</u> at the end of 5 years for her retirement plan.

You might be interested in
How do I solve this problem
zepelin [54]
Do 5x12x5x9 and the answer is 2700
7 0
3 years ago
How much would $300 invested at 7% interest compounded continuously be
Paha777 [63]
The correct awnser would be B because it is the only one rounded to the nearest cent
4 0
3 years ago
Read 2 more answers
10 POINTS!!!!! <br><br> Show all work when needed
Dima020 [189]

Answer:

bruh this is hard so I don't know

4 0
3 years ago
Mrs. Robbins has stickers and erasers in her desk. The ratio of stickers to erasers is 3 to 8. She has 12 stickers. *
Nuetrik [128]
Given:
ratio of stickers to erasers: 3 to 8
She has 12 stickers.

3:8 = 12:x
3x = 8*12
3x = 96
x = 96/3
x = 32 erasers.

Mrs. Robbins has 32 erasers.

4 0
3 years ago
Read 2 more answers
5. Solve these recurrence relations together with the initial conditions given: a) aann = 5aann−1 − 6aann−2, nn ≥ 2 with aa0 = 0
ruslelena [56]

Answer:

Step-by-step explanation:

Check attachment for solution

3 0
3 years ago
Other questions:
  • Can you help me with perpendicular lines and parallel lines?
    10·1 answer
  • How long will the bus take to travel 300km, if it averages 60km/h?
    10·1 answer
  • Express 125 = 5x as a logarithmic equation.
    7·1 answer
  • Angle A and Angle B are vertical angles. If m
    14·1 answer
  • Ramona wants to buy cheese pizza for her family and friends gathering. She stop by nine wonder pizza and figures out that they h
    10·2 answers
  • A plant manager knows that the number of boxes of supplies received weekly is normally distributed with a mean of 200 and a stan
    5·1 answer
  • Please help!!!Water flows through a pipe at a rate of 620 gallons every 5.5 minutes. Express this rate of flow in cups per secon
    11·1 answer
  • HELP ME WITH 16 &amp; 17
    9·1 answer
  • 1. Write a rule that will take the triangle to a congruent triangle. Write your rule as (x,y)
    7·1 answer
  • Let f(x)=(18)3^x. find the equation of the line between the points (-2,f(-2)) and (1,f(1))
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!