Answer:
here, ill wright the answers down and send you the pic.
Step-by-step explanation:
Answer: $125,000
Step-by-step explanation:
Let the starting salary be x.
To determine the starting salary, we have to add all the expenses paid together. This will be:
$1,573.83 + $2,175.56 + $1,264.95 + $1,843.25 + $4,500.00 + (20% × x) = $36,357.59
$11357.59 + 0.2x = $36,357.59
0.2x = $36,357.59 - $11357.59
0.2x = $25000
x = $25000 / 0.2
x = $125,000
The starting salary is $125,000.
Hi there
The formula is
A=p (1+r)^t
A future value 14400
P present value 1200
R interest rate 0.04
T time?
We need to solve for t
T=log (A/p)÷log (1+r)
So
T=log(14,400÷1,200)÷log(1+0.04)
T=63.4 years
Hope it helps
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