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maxonik [38]
3 years ago
14

Johnny works after school and earns $8 per hour. He needs at least $2000 to purchase a car so he does not need to take the bus.

How many hours does he need to work to reach his goal?​
Mathematics
1 answer:
Inga [223]3 years ago
4 0

2hours

Step-by-step explanation:

2 hours

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Niki makes the same payment every two months to pay off his $61,600 loan. The loan has an interest rate of 9.84%, compounded eve
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The question is an annuity question with the present value of the annuity given.
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The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
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