Answer:
If the time passed is only 3 months, then it is $2040
Step-by-step explanation:
We can use the quarterly compounded interest equation for this problem: P(1 + r/n)^nt
Step 1: Find out how much 3 months is in a year
<em>In this case, 3/12 which is 1/4</em>
Step 2: Plug in known variables into equation
2000[1 + (0.08)/4)]^[(4)(1/4)]
Step 3: Solve/Plug in calc
You will get $2040
If the time passed in the problem is 1 year, then we can be able to solve how much money he earned per quarter. However, since only 3 months have elapsed, then he has only earned $2040.
Answer:
2/3
Step-by-step explanation:
Answer:
horizontal and vertical
Step-by-step explanation:
if its the plus?
Answer:
Step-by-step explanation:
Slope is negative reciprocal when two lines are perpendicular
m1=1/2 therefore m2=-2
The equation of the line in point-slope form is given as
Here m=-2 and (x1, y1)=(-3, -1)
Therefore,
Answer:
Number of hours= 48 hours
Step-by-step explanation:
Giving the following information:
Hourly rate= $7.25
Total earned= $348
<u>To calculate the number of hours worked, we need to use the following formula:</u>
Total earned= hourly rate*number of hours
number of hours= total earned / hourly rate
number of hours= 348 / 7.25
number of hours= 48 hours
