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2 years ago

n employee makes $161 per hour but is getting a 45% increase. What is his new wage per hour to the nearest cent?

Mathematics

1 answer:

Nadusha1986 [10]2 years ago

4 0

Answer:

The answer is $234

Step-by-step explanation:

<h3><u>Given</u>;</h3>

An employee makes $161 per hour.
Increase of 45% every hour.

His new wage

First, find the 45% of $161.

161 × 45 ÷ 100 = $72.5

Now,

$161 + $72.5 = $233.5 = $234

Thus, His new wage will be $234

<u>-TheUnknownScientist 72</u>

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Coulter Supply has a total debt ratio of .46. What is the equity multiplier? Select one: a. .89 b. 1.17 c. 1.47 d. 1.85 e. 2.17

Archy [21]

Answer:

Option D.

Step-by-step explanation:

The formula for total debt ratio is

$\text{Total debt ratio}=\dfrac{\text{Total assets - Total Equity}}{\text{Total assets}}$

It can be rewritten as

$\text{Total debt ratio}=1-\dfrac{\text{Total Equity}}{\text{Total assets}}$ .... (1)

We know that,

$\text{ Equity multiplier}=\dfrac{\text{Total Equity}}{\text{Total assets}}$ ... (2)

Using (1) and (2) we get

$\text{Total debt ratio}=1-\dfrac{1}{\text{Equity multiplier}}$

Substitute total debt ratio=0.46 in the above equation.

$0.46=1-\dfrac{1}{\text{Equity multiplier}}$

$0.46-1=-\dfrac{1}{\text{Equity multiplier}}$

$-0.54=-\dfrac{1}{\text{Equity multiplier}}$

$\text{Equity multiplier}=-\dfrac{1}{-0.54}$

$\text{Equity multiplier}=1.85185185$

$\text{Equity multiplier}\approx 1.85$

Therefore, the correct option is D.

7 0

3 years ago

Help 7th grade math pls

madam [21]

Answer:

1,455 feet

Step-by-step explanation:

Step 1:

1 : 75 Ratio Inches to Feet

Step 2:

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4 0

3 years ago

Read 2 more answers

Suppose you'd like to save enough money to pay cash for your next car. The goal is to save an extra $28,000 over the next 6 year

Anna35 [415]

Given:

• Amount to save, A = $28,000

• Time, t = 6 years

• Interest rate, r = 5.3% ==> 0.053

• Number of times compounded = quarterly = 4 times

Let's find the amount that must be deposited into the account quarterly.

Apply the formula:

$FV=P(\frac{(1+\frac{r}{n})^{nt}-1}{\frac{r}{n}})$

Where:

FV is the future value = $28,000

r = 0.053

n = 4

t = 6 years

Thus, we have:

$28000=P(\frac{(1+\frac{0.053}{4})^{4\times6}-1)}{\frac{0.053}{4}}$

Let's solve for P.

We have:

$\begin{gathered} 28000=P(\frac{(1+0.01325)^{24}-1}{0.01325}) \\ \\ 28000=P(\frac{(1.01325)^{24}-1)^{}}{0.01325}) \\ \\ 28000=P(\frac{1.371509114-1}{0.01325}) \\ \\ 28000=P(\frac{0.371509114}{0.01325}) \end{gathered}$

Solving further:

$28000=P(28.0384237)$

Divide both sides by 28.0384237:

$\begin{gathered} \frac{28000}{28.0384237}=\frac{P(28.0384237)}{28.0384237} \\ \\ 998.6=P \\ \\ P=998.6 \end{gathered}$

Therefore, the amount that must be deposited quarterly into the account is $998.60

ANSWER:

$998.60

8 0

1 year ago

Can anyone help I’ll give you brainliest

Oduvanchick [21]

Answer:

Interest for 1 year is $80.50

Step-by-step explanation:

Simple interest is given by the formula

I =PRT

where I is the interest, P is the principal, R is the rate in decimal form, and T is the time.

P =3500

R=.023

T = 1 (1 year)

I = (3500) * (.023) (1)

I = 80.50

8 0

3 years ago

Help help help help help

Ede4ka [16]

$V_1 = 2*10*6 = 120\\V_2 = 6*2*(8-2) = 6 * 2 * 6 = 72\\V = V_1 + V_2 = 120 + 72 = 192$

Answer: 192 cm³.

5 0

2 years ago

n employee makes ​$161 per hour but is getting a ​45% increase. What is his new wage per hour to the nearest​ cent?

n employee makes $161 per hour but is getting a 45% increase. What is his new wage per hour to the nearest cent?