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Answer:
19/40 1.9x0.25=0.475= 19/40
No it is not base e. It is 1.015.
An increase of 1.5 % = 1.015
Year 1, 2, 3,.........................., 30.
30000, 3000(1.015), 30000(1.015)²,........... 30000(1.015)²⁹
Her Total Income is sum over the thirty 30 year period:
Sn = a(r^n - 1) / (r - 1); a = 30000, r = 1.015, n = 30
Sn = 30000 ( 1.015^30 - 1) / (1.015 - 1)
= 30000 (1.56308022 - 1) / (0.015) = 1126160.44
Total = $ 1 126 160.44
Step-by-step explanation:
3 3/5 - 1 1/10
3 6/10 - 1 1/10
2 2/10= 2 1/5 is the answer
