Answer:
The investment at the end of the period will be $584.89.
Step-by-step explanation:
FV = PV e⁽ⁿˣ⁾
FV = Future Value = ?
PV = Present Value = $396
n = Interest Rate = 13%
x = time in years = 3
e = mathematical constant = 2.7183
FV = 396 x 2.7183⁽⁰°¹³ ˣ ³⁾
FV = 396 x 1.4770
FV = $584.89
Answer: $55,489.20
Step-by-step explanation:
Given the following information :
Base salary = $10.20 per hour
Overtime pay = $10.20 * 1.5 = $15.3
Average sale per hour = $60
Tips = 20% of sale
Regular shift hour = 8hours
Work week:
3 10-hour shift = 24hrs regular (6 hrs overtime)
1 11 - hour shift = 8hrs regular (3 hrs overtime)
1 5 - hour shift = 5 hours
Total hours per week = 37hrs regular, 9hrs overtime
WEEKLY :
Income from tips = $60 * 46 * 0.2 = $552
Regular pay: 37 * 10.20 = $377.40
Overtime: 9 * $15.30 = $137.70
Total = $(137.70 + 377.40 + 552) = $1067.10
Number of weeks in a year = 52
Annual gross = $1067.10 * 52 = $55,489.20
1 full turn = 360 degrees .
(1.5) times (1 full turn) = (1.5) times (360 degrees) = <em>540 degrees</em>
