Given:
Annual interest rate = r%
Growth factor : x = 1 + r
The below function gives the amount in the account after 4 years when the growth factor is x .

To find:
The total amount in the account if the interest rate for the account is 3% each year and initial amount.
Solution:
Rate of interest = 3% = 0.03
Growth factor : x = 1 + 0.03 = 1.03
We have,

Substitute x=1.03 in the given function, to find the total amount in the account if the interest rate for the account is 3% each year.





Therefore, the total amount in the account is 2431.31 if the interest rate for the account is 3% each year.
For initial amount the rate of interest is 0.
Growth factor : x = 1 + 0 = 1
Substitute x=0 in the given function to find the initial amount.



Therefore, 2250 was put into the account at the beginning.
Answer:
The hourly wage is $8.55 per hour
Step-by-step explanation:
Step 1: Determine the expression for the gross pay
Total gross pay=(Unit rate per hour×number of hours(≤40))+(Overtime rate×number of overtime hours)
where;
Total gross pay=$380.48
Unit rate per hour=x
Number of hours=40 hours
Overtime rate=x×(1 1/2)=1.5 x
Number of overtime hours=3 hours
Step 2: Replace to solve for hourly wage
380.48=(x×40)+(1.5 x)×3
40 x+4.5 x=380.48
44.5 x=380.48
x=380.48/44.5
x=8.55
The hourly wage is $8.55 per hour
8 because 12x8=96 and 12 inches in a foot
Rational sets also known as ratios
The scale is that 3 the force is going on a colicky of 350