Answer: The correct option is C
Step-by-step explanation:
You begin a job with an annual salary of $32,900
Each year you are assured of a 5.5%. If you get the same amount each year, that is a 100% payment. It is neither reducing nor increasing. But with an increase of 5.5% each year, it means you are getting (100+5.5)% each year. This equals 105.5%. So for each year, you get 105.5% of the previous year.
This is a geometric progression. To determine the total amount that you can earn in 15 years, we will find the sum of 15 terms, S15 of the series. The formula for sum of the nth term of a geometric progression is expressed as
Sn = [a(r^n - 1)] / r - 1
Where
Sn = sum of the nth terms of the series
a = the first term(salary of the first year
r = common ratio
n = number of years.
From the question,
a = 32900
n = 15
r = 105.5/100 = 1.055
S15 = [32900(1.055^15 - 1)] / 1.055 - 1
S15 = [32900(2.23247649224 - 1)] / 0.055
S15 = [32900 × 1.23247649224] / 0.055
S15 = $737245
Answer:
a. Probability is simply how likely something is to happen. Whenever we're unsure about the outcome of an event, we can talk about the probabilities of certain outcomes—how likely they are
b. Theoretical Probability. Experimental Probability.
Use theoretical probability by counting the favorable outcomes and put that in a fraction above all possible outcomes.
Use experimental probability by comparing the number of times the event occurs to the total number of trials.
Step-by-step explanation:
I don't really know what to explain. :v
Answer:
50.24
Step-by-step explanation:
1/4x3.14xr^2
r=16 because of the length
90/360= 1/4
so
1/4x3.14x16^2/4
=50.24
4 is our denominator because of the denominator on the fraction
