Answer:
After 4 years working for the company, he would make $79,000 of salary.
His salary after t years will be:
[te]S(t) = 69000 + 2500t[/tex]
Step-by-step explanation:
David just accepted a job at a new company where he will make an annual salary of $69000. David was told that for each year he stays with the company, he will be given a salary raise of $2500.
This means that after t years, his salary will be given by:
[te]S(t) = 69000 + 2500t[/tex]
How much would David make as a salary after 4 years working for the company?
[te]S(4) = 69000 + 2500*4 = 69000 + 10000 = 79000[/tex]
After 4 years working for the company, he would make $79,000 of salary.
Answer:
The probability of both points falling in the same row or column is 7/19, or approximately 37%
Step-by-step explanation:
The easiest way to solve this is to think of it rephrased as "what is the probability that your second point will be in the same row or column as your first point". With that frame of reference, you can simply consider how many other points are left that do or do not fall in line with the selected one.
After selecting one, there are 19 points left.
The row that the first one falls in will have 3 remaining empty points.
The column will have 4 remaining empty points.
Add those up and you have 7 possible points that meet the conditions being checked.
So the probability of both points falling in the same row or column is 7/19, or approximately 37%
Answer:
14
Step-by-step explanation:
When you plug this expression into the calc, you should get 14 as your answer.
Answer:
nominal rate of interest is 31.7 %
Step-by-step explanation:
given data
payment = $1000
time = 2 year
rate = 4%
CPI = 100
CPI final yer = 127.7
to find out
nominal rate of interest
solution
we know nominal rate of interest formula that is
nominal rate of interest = real interest rate + inflation rate .........1
so here inflation rate is express as
inflation rate = ( CPI final year - CPI ) / CPI × 100 ...........2
put here value
inflation rate = ( 127.7 - 100 ) / 100 × 100
inflation rate is 27.7 %
so from equation 1
nominal rate of interest = real interest rate + inflation rate
nominal rate of interest = 4% + 27.7%
nominal rate of interest is 31.7 %
