This Homework Help Question: "If you're currently making $6.75 per hour and you're offered a new job that pays $7.47 per hour, how much more would you make per hour at the new job" No answers yet.
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If you're currently making $6.75 per hour and you're offered a new job that pays $7.47 per hour, how much more would you make per hour at the new job
kyle just started a new job that pays $7 per hour. He had been making $5 per hour at his old job. Kyle worked a total of 54 hours last month and made $388 before deductions. How many hours did he work at his new job?
kyle just started a new job that pays $7 per hour. He had been making $5 per hour at his old job. Kyle worked a total of 54 hours last month and made $388 before deductions. How many hours did he work at his new job?
9. You are offered an investment with a quoted annual interest rate of 6.75% with quarterly compounding of interest. What is your effective annual interest rate? 10. You are offered an annuity that will pay $15,000 per year for 20 years (the first payment will occur one year from today). If you feel that the appropriate discount rate is 3%, what is the annuity worth to you today? 11. If you deposit $6,500 per year (each deposit is made at...
Zoe is trying to decide how to divide her time between her job as a wedding photographer, which pays $22 per hour for as many hours as she chooses to work, and as a fossil collector, in which her pay depends on both the price of fossils and the number of fossils she finds. Earnings aside, Zoe is indifferent between the two tasks, and the number of fossils she can find depends on the number of hours a day she...
Darren is searching for a new job in Brisbane. He pays a $150 fee to join a job website called "Jobs in Brisbane" where he will conduct his search. He is currently employed and is paid $50,000 annually but would like a job that pays more. Darren values his free time the same as his hourly rate which is $30/hour. Which of the following statements is true? Darren should search until he knows all the available jobs in Brisbane. The...
For a recent job, a plumber earned $28 per hour, adn the plumber's apprentice earned $15 per hour. The plumber worked 3 hours more htan the apprentice. If together they were paid $213, how much did each earn? All I know is that I need to find an expression first for the number of hours each worked on the job, which would be something like (28x+3)+ 15x=213 ??? I'm really not sure, please help! Thank you!
You are trying to decide whether to keep your old job and your old car or take a new job and purchase a new car. You only use your current car to drive between home and work, which is currently a 31-mile journey each month. You spend $600 on insurance every 3 months. You also find that you are spending $9.00 per mile in gas and maintenance. You do not make any monthly car payments for your old car. You...
Suppose that John has been offered a job in New York City at a salary of $100,000 per year. Currently, John lives and works in the Midwest at a salary of $70,000 peryear. As you know, NYC's cost of living is more than the Midwest. What type of costs should John consider in making his decision? Which would be "sunk" costs?"opportunity" costs? differential costs? Are there other qualitative factors that John might consider?
Your new job offers a savings plan that pays 0.25 percent in interest each month. You can't participate in the plan, however, until you have 9 years with the company. At that time you will start saving $200 a month for the next 22 years. How much will you have in this savings account in 31 years? Round your answer to two decimals SO Another perk of your new job is that, after 9 years with the company, you will...
. A company wishes to save up to purchase state-or-the-art inspection system currently worth $510,000, How much would the company have to deposit monthly into an account that pays 7.25% per year compounded quarterly in order to have enough money to purchase the equipment in 4 years? The inflation rate is projected to be 2.8% per year. . A company wishes to save up to purchase state-or-the-art inspection system currently worth $510,000, How much would the company have to deposit...