Answer:
3
Step-by-step explanation:
Answer:
- Calculus texts: 600
- History texts: 0
- Marketing texts: 0
Step-by-step explanation:
Each Calculus text returns $10/2 = $5 per unit of shelf space. For History and Marketing texts, the respective numbers are $4/1 = $4 per unit, and $8/4 = $2 per unit. Using 1200 units of shelf space for 600 Calculus texts returns ...
$5/unit × 1200 units = $6000 . . . profit
Any other use of units of shelf space will reduce profit.
5/8 are eaten
So if you do 8/8 - 5/8 you get 3/8
You will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
<h3>What is compound interest, and how does it work?</h3>
Compound interest is computed on a loan or deposit based on the starting principle and the preceding period's accrued interest.
Principal(P)=$40,000
(Time period)T=25+15 = 40 year
R=8%
The final balance is $273,938.99 and the total compound interest is $233,938.99.
The amount he has to deposit each year is found as;
⇒$273,938.99/25
⇒ $ 10,957
Hence. you will need to deposit $ 10,957 each year until retirement to achieve your retirement goals.
To learn more about compound interest, refer to brainly.com/question/14295570
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Given recursive formula is
f(n) = 22 * f(n - 1)
Where first term : f(1) = 10
And we need to find the first five terms of this sequence. So , let's find the second term by plug in n = 2 in the above formula. Therefore,
f (2) = 2.2 * f ( 2 -1)
= 2.2 * f(1)
= 2.2 * 10
= 22
So second term is 22.
Similarly plug in 3 for n to get the third term. Hence,
f(3) = 2.2 * f(3 -1) = 2.2 * f(2) = 2.2 * 22= 48.4
f(4) = 2.2 *f( 4 -1) = 2.2 * f(3) = 2.2* 48.4 = 106.48
f(5) = 2.2* f(5-1)= 2.2 * f(4) = 2.2 * 106.48 = 234.256
So, the first five terms are 10, 22, 48.4, 106.48 and 234.256.
Hope this helps you!