Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. If Anthony earns $9,800 dollars for 16 hours of work and Mark makes $12,000 for 24 hours of work who makes more money?
1. If Anthony earns $9,800 dollars for 16 hours of work and Mark makes $12,000 for 24 hours of work who makes more money? A) Anthony B) Mark 2. If Carol invests $22,000 in a simple interest bond with an interest rate of 7%. How much interest will he make in 5 years? A) $15,400 B) $1,450 C) $7,700 D) $3,300 3. Deborah earns 12% commission on all sales. If she sells $8,500 worth of merchandies how much commission does she make? A) $1,250 B) $7,480 C) $890 D) $1,020 4. If Mathew invests $2200 in a simple interest bond with an interest rate of 7%. How much will his investment be worth after 5 years? A) $3250 B) $2345 C) $2970 D) $770 5. If Mrs. Parker invests $35 000 in a compound interest with an interest rate of 3.5%. How much will her investment be worth after 4 years? A) $38,250
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started