Answer:
$33.63/hour
Step-by-step explanation:
$684 / 24 hours = $28.50/hour
$28.50 * 0.18 = $5.13
$28.50 + $5.13 = $33.63 / hour after an 18% raise
now, there are 12 months in a year, so 18 months is really 18/12 of a year, thus
![~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$4000\\ P=\textit{original amount deposited}\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ t=years\to \frac{18}{12}\dotfill &\frac{3}{2} \end{cases} \\\\\\ 4000=P[1+(0.05)(\frac{3}{2})]\implies 4000=P(1.075) \\\\\\ \cfrac{4000}{1.075}=P\implies 3720.93\approx P](https://tex.z-dn.net/?f=~~~~~~%20%5Ctextit%7BSimple%20Interest%20Earned%20Amount%7D%20%5C%5C%5C%5C%20A%3DP%281%2Brt%29%5Cqquad%20%5Cbegin%7Bcases%7D%20A%3D%5Ctextit%7Baccumulated%20amount%7D%5Cdotfill%20%26%20%5C%244000%5C%5C%20P%3D%5Ctextit%7Boriginal%20amount%20deposited%7D%5C%5C%20r%3Drate%5Cto%205%5C%25%5Cto%20%5Cfrac%7B5%7D%7B100%7D%5Cdotfill%20%260.05%5C%5C%20t%3Dyears%5Cto%20%5Cfrac%7B18%7D%7B12%7D%5Cdotfill%20%26%5Cfrac%7B3%7D%7B2%7D%20%5Cend%7Bcases%7D%20%5C%5C%5C%5C%5C%5C%204000%3DP%5B1%2B%280.05%29%28%5Cfrac%7B3%7D%7B2%7D%29%5D%5Cimplies%204000%3DP%281.075%29%20%5C%5C%5C%5C%5C%5C%20%5Ccfrac%7B4000%7D%7B1.075%7D%3DP%5Cimplies%203720.93%5Capprox%20P)
Let's actually find the roots, using the quadratic formula:
<span>p(x)=x^2+x+3 gives us a=1, b=1 and c=3.
-1 plus or minus sqrt(1^2-4(1)(3))
Then x = -----------------------------------------------
2
The discriminant here is negative, so the roots x will be complex:
-1 plus or minus sqrt(-11) -1 plus or minus i*sqrt(11)
x = ---------------------------------- = -------------------------------------
2 2
These are irrational roots; they cannot be expressed as the ratios of integers.</span>
Answer: $22.80/hour
Step-by-step explanation: 364.80 : 16 = 22.80
