The whole 12 weeks she will make $2,172.
Her employer takes $421.2 for federal income tax.
Her employer takes $174.1 for Social Security.
Her employer takes $40.7 for Medicare.
She makes $181 a week.
For both of the contests, the variable is the number of competitors which we can set as x.
Consequently, the equation should be 5.50x+34.60=4.25x+64.60
5.50x=4.25x+30
1.25x=30
x=24
The fee of the contests is the same when there are 24 competitors
Answer:
9^-3= .0013717421
Step-by-step explanation:
Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%