Answer:
FV= $385,307.82
Step-by-step explanation:
Giving the following formula:
Annual salary (A)= $39,500
Growth rate (g)= 2% annual
Number of years (n)= 9 years
<u>To calculate the total amount earned over 9 years, we need to use the following formula:</u>
FV= {A*[(1+g)^n-1]}/g
A= annual deposit
FV= {39,500*[(1.02^9) - 1]} / 0.02
FV= $385,307.82
Volume of a cylinder is given by V = πr^2h
Since the content of the storage tank completely filled the 25 identical cylinders, this means that the volume of the 25 cylinders combined is equal to the volume of the storage tank.
25(πr^2h) = 235,500
πr^2h = 235,500/25 = 9,420
h = 9,420/(3.14 x 5^2) = 9,420/78.5 = 120.
Therefore, the height of the cylinderical containers is 120 in