Answer:
20%
Step-by-step explanation:
Answer:
$11040
Step-by-step explanation:
first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.
If 1 year=$4000,then 3 years=$12000
100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040
Do you still need help with this question?
Answer:
W = 450 + 16.83V
Step-by-step explanation:
For 40 hours Carissa
earning = $450
earning for 1 hour of over time = $16.83
multiplying both side by V
earning for v hour of over time = $16.83*V = $16.83V
weekly wage(W) = earning for 40 hours + earning for V hour of over time
W = 450 + 16.83V
Thus equation will be as given below for weekly earning
The final amount is $7,615.27
A = P(1 + r/n)^t
Where,
A = Final amount
P = principal = $7, 200
r = interest rate = 2.5% = 0.025
n = number of periods = 4
t = time = 9 years
A = P(1 + r/n)^t
= 7,200(1 + 0.025/4)^9
= 7,200(1 + 0.00625)^9
= 7,200(1.00625)^9
= 7,200(1.0576769512798)
= 7,615.2740492152
Approximately,
A = $7,615.27
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