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siniylev [52]
3 years ago
11

Tommy Richards is paid $20.50 an hour for a regular 40-hour week. He earns time and a half if he works overtime. This week Richa

rds worked his regular 40 hours plus 9 hours of overtime. What is his total pay
Business
1 answer:
RoseWind [281]3 years ago
7 0

Answer:

$1,094.50

Explanation:

Regular pay is $20.50

Over time pay is $20.50 x 1.5 = $30.75

Tommy earned as follows.

Regular hours : 40 x $20.50 = $820

Overtime hours: 9 x $30.75 =$274.50

Total amount earned

= $820 + $274.50

=$1,094.50

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Tonelli Trucking buys a $65,000 truck on credit. Which financial statement will be affected by this transaction?
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Answer:

A : balance sheet only

Explanation:

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3 years ago
$1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If your nominal annual required rate of ret
Georgia [21]

Answer:

$1,115.58

Explanation:

Calculation to determine how much should you be willing to pay for this bond

Using this formula

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Where,

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Let plug in the formula

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Therefore how much should you be willing to pay for this bond is $1,115.58

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You invest $10,000 at 4% interest, which will be compounded semiannually. How much will you have in 5 years?
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