Answer:
Formula: A = 48,000(1+0.02)^t
salary after 30 years: $ 86,945.35
Step-by-step explanation:
Hi, to answer this question we have to apply an exponential growth function:
A = P (1 + r) t
Where:
p = initial salary
r = raising rate (decimal form)
t= years
A = salary after t years
Replacing with the values given:
A = 48,000 (1+ 2/100)^t
A = 48,000(1+0.02)^t
Salary after 30 years: substitute t=30
A = 48,000(1+0.02)^30
A = 48,000(1.02)^30
A=$ 86,945.35
Feel free to ask for more if needed or if you did not understand something.
You can write any decimal as a precent by moving the decimal 2 places to the right so
0.51 = 51%
5.1% < 51%
5.1% < 0.51
or, any precent can be written as a decimal by moving the decimal points two point to the left so
5.1% = 0.051
0.051 < 0.51
5.1% < 0.51
X= 1
y=-2
this is the answer
Answer:
B and D
Step-by-step explanation:
they're the explanations.
