Please I need a quick answer to these questions. Thank you so much!
1 answer:
You might be interested in
Answer:
$18,781.5
Step-by-step explanation:
According to the problem, calculation of the given data are as follows,
Loan amount (P) = $15,000
Rate of interest (r) = 23%
Time (t) = 5 years
Let this loan is compounding annually, then the amount after 5 years can be calculated as follows,
Final amount = P
by putting the value in formula, we get
= $15,000 (
= $15,000 × 1.2521
= $18,781.5
Answer:
A person should work 32 hours to earn $384
Step-by-step explanation:
A worker's earring E are a function of the number of hour, H at a rate of 12/hr.
We need to write the function.
The function will be:
Earning is represented by E and Hour is represented by H
Now, How many hours would a person have to work to earn 384
We are given E=384, we need to find H
Putting values in above function and finding hours H
So, A person should work 32 hours to earn $384