Katie has 6500 in her savings account. If it earns 6% interest every month how much savings does she have in her account in over half a year

Step-by-step explanation:

First, you recognize the algorithm for the equation: A=P(1+r)^n. This is the algorithm for interest. P is the amount of initial money (in this case, 6500), r is the interest rate (6%, or 0.06), and n is the number of times it is being compounded. Since half a year is given to me, 6 months is what I will be using, or just 6.

Next, plug in the numbers. The equation is now: A=6500(1+0.06)^6.

Now time to solve. First add what's in the parenthesis, and put it to the power of 6, for 6 months. Then multiply that amount to the initial dollar amount; 6500. This will leave you with 9,220.37.

10% of increase is the final answer! : )

$2416.6

step-by-step explanation:

per hour = $ 25

total work time = 35

commission = 15%

total she has to make = $ 4,500

let she sold x dollar products

so her commission will be 15 % of x

now

total = weekly basic pay + commission

4500= (25*35) + 15 % of x

4500=875 + * x

4500-875 =   * x

3625= * x

multiplying wwith 100 on both sides gives

36250 = 15 x

now

x =  

x= $2416.6