Abusiness consultant earns a flat fee for his work as well as an hourly fee. he charges his clients at a rate of $75 per hour. in one week, he billed a client $1,800 for 20 hours worked. which of the following equations describes the pay for the consultant in terms of hours worked?

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?