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
Answer:
Well first see what the points are
Step-by-step explanation:
Square root (x + 8) -6 = x
square root (x + 8) = x -6
x^2 + 16x + 64 = x^2 -12x + 36
28x = 48
x =
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1.7142857143
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None of the above
I'm not for sure but I think that it would be the first option <span />
