Answer:
Step-by-step explanation:
Each successive year, he
earned a 5% raise. It means that the salary is increasing in geometric progression. The formula for determining the nth term of a geometric progression is expressed as
Tn = ar^(n - 1)
Where
a represents the first term of the sequence(amount earned in the first year).
r represents the common ratio.
n represents the number of terms(years).
From the information given,
a = $32,000
r = 1 + 5/100 = 1.05
n = 20 years
The amount earned in his 20th year, T20 is
T20 = 32000 × 1.05^(20 - 1)
T20 = 32000 × 1.05^(19)
T20 = $80862.4
To determine the his total
earnings over the 20-year period, we would apply the formula for determining the sum of n terms, Sn of a geometric sequence which is expressed as
Sn = (ar^n - 1)/(r - 1)
Therefore, the sum of the first 20 terms, S20 is
S20 = (32000 × 1.05^(20) - 1)/1.05 - 1
S20 = (32000 × 1.653)/0.05
S20 = $1057920
Answer:
937.5 packs of apples
Step-by-step explanation:
Note that:
100p = £1
80p = x
Cross Multiply
100x = 80p × £1
x = 80/100
x = £0.8
Jay sells 10 packs of apples for 80p.
Hence:
£0.8 = 10 packs of apples
£75 = x
Cross Multiply
£0.8 × x = £75 × 10 Packs
x = £75 × 10 Packs/£0.8
x = 937.5
Therefore, to make £75 at the end of the year, he has to sell 937.5 packs of apples
Answer:
Salesman is not correct
Step-by-step explanation:
First we calculate the share of salesman when 60 percent of bonus is shared among 7 salesmen:
Bonus Share For 7 Salesmen = (0.6)(£ 2100)
Bonus Share For 7 Salesmen = £ 1260
Now, this is equally divided among 7 salesmen:
Bonus Share of 1 Salesmen (when 60% is shared) = S₁ = £ 1260/7
S₁ = £ 180
Now, we calculate the share each salesmen get if bonus is equally divided among 10 people:
Bonus Share of 1 Salesmen (when equally shared) = S₂ = £ 2100/10
S₂ = £ 210
S₂/S₁ = £ 210/£ 180
S₂/S₁ = 1.16
S₂ = 1.16S₁
S₂ = 116% of S₁
This means that if bonus is equally divided between all 10 people then the salesman will get 16 percent more money.
<u>Therefore, salesman is not correct</u>
M= a + n
I’m not sure if this is what you were looking for but I hope this helps
Answer:
492.43in²
Step-by-step explanation:
I might be wrong.
