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Kamila [148]
3 years ago
5

Sami made $23,400 last year in income from his job. He worked 30 hours per week and worked all 52 weeks of the year. What was hi

s hourly pay rate?
Mathematics
2 answers:
koban [17]3 years ago
8 0

Answer:

15 dollars.

Step-by-step explanation:

Here we are given the total pay for the year and weekly hours and no of weeks.

Required to find hourly pay

given that Semi earned 23,400 dollars last year.

No of hours Semi worked per week = 30 hours

No of weeks Semi worked = 52

Hence total number of hours worker by Semi in one year

= 30x52 =1560 hours.

Total income per year = 23400

Total hours worked = 1560

Hence hoursly pay rate = \frac{23400}{1560} =15 dollar per hour

Luba_88 [7]3 years ago
5 0

Answer:

15$

Step-by-step explanation:

Income = $23,400

Time at work = 30 hours * 52 weeks = 1,560 hours

Hourly pay rate = [Income] / [Time at work] = 23,400 / 1,560 = 15$

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The amount that will be in the account after 30 years is $188,921.57.

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When an amount is compounded annually, it means that once a year, the amount invested and the interest already accrued increases in value. Compound interest leads to a higher value of deposit when compared with simple interest, where only the amount deposited increases in value once a year.

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Step-by-step explanation:

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