Is there supposed to be a picture with this
Answer:
- a) P(x) = 32000*1.04^x
- b) $37435
- c) During year 7
Step-by-step explanation:
<u>Given</u>
- Initial pay = $32000
- Increase rate = 4%
a. <u>Formula</u>
b. Year 5 is after 4 years, so we are looking for the value of P(4)
- P(4) = $32000*1.04^4 = $37435
c. <u>P(x) = 40000, x = ?</u>
- 40000 = 32000*1.04^x
- 1.04^x = 40000/32000
- 1.04^x = 1.25
- log 1.04^x = log 1.25
- x = log 1.25 / log 1.04
- x = 5.69, this is 6 years after
The required number of the years is 6 + 1 = 7
66,000*0.15
9,900*5
49,500+66000
The answer is 115.500
I'm not sure if the whole thing is correct, but here is the easier way:
66,000(1+1.15)^5
Answer:
What shape is this for ?
Step-by-step explanation:
Domain is on the y intercept. The answer would be B