romanlittlewood
20.11.2020 •
Mathematics
An employee put 5000.00 in a retirement account that offers 9% interest compounded annually. The employee make no additional deposit or withdraws. Which amount is closest to the interest the employee will have earned at the end of years?
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Ответ:
= 168 hrs of work
Step-by-step explanation:
I week = 7 days
If 1 day = 24hrs
What about 7 days = ?
= 7 x 24
= 168 hrs of work
To get how much he gets per hour, you divide 300 by the number of hours
= 300 ÷ 168
= 1.785
= 1 dollar 79 cents