Answer:
The smallest amount is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
solve for P
Round to the nearest pound she can invest
The smallest amount is
Answer:
B
Step-by-step explanation:
First create the equation that has slope of -1 in the form of y=mx+b. Because the slope is -1, m=-1, so the equation is y=-x+b. Now we see that we are given the point (-3, 8) as an intersection point. Substitute x and y for -3 and 8 in our equation. With this information, our equation becomes 8=3+b. Solving, b=5. Our equation is now y=-x+5.
Simplifying all of the answer choices, we have
A. y=-x-5
B. y=-x+5
C. y=-x-5
D. and E. as what they already show
The only answer that matches is B.
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❖ Jeff will earn $267.20 in a 32 hour week.
Divide to find how much he gets paid per hour:
$334 ÷ 40 = $8.35
Multiply the cost per hour by 32 hrs to get the total amount he'll get paid:
$8.35 × 32 = $267.20
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What grade are you in today school work is getting to hard