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denis-greek [22]
4 years ago
15

The equation 2003-02-05-00-00_files/i0070000.jpg can be used to model a person’s future income. S = future salary, p = current s

alary, r = rate of increase(% in decimal form), and t = time in years. Bob’s salary increases by 5% each year. If he starts at $35,000 per year, what will his salary be in 5 years? A. $36,750 B. $44,670 C. $43,750 D. $50,000
Mathematics
2 answers:
stiks02 [169]4 years ago
3 0
I cannot see the file !!
suter [353]4 years ago
3 0

Answer:

The equation S=p(l+r)^t can be used to model a person’s future income. S = future salary, p = current salary, r = rate of increase(% in decimal form), and t = time in years. Bob’s salary increases by 5% each year. If he starts at $35,000 per year, what will his salary be in 5 years?

Step-by-step explanation:

So we want to find S

We know that P=35,000

We know that r = 0.05 (5% in decimals)

We know that t = 5

I don't know what I is so I'm going to assume it's 1?

S = 35 000 (1 + 0.05)^5

So

S = $44,669.85 = $44,670

So B :)

I hope this helps!!

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Sarah deposits $600 in a savings account that pays 2.5% per year. What is the minimum number of years it would take for the amou
shutvik [7]
Here is the compound interest formula solved for years:
<span>Years = {log(total) -log(Principal)} ÷ log(1 + rate)
</span>Years = {log(800) - log(600)} <span>÷ log(1.025)
</span><span>Years = {2.903089987 -2.7781512504} / 0.010723865392
</span>Years = { <span> <span> <span> 0.1249387366 } / </span></span></span><span><span><span>0.010723865392
</span> </span> </span> Years = <span> <span> <span> 11.6505319708 </span> </span> </span>
That's how many years it takes for the $600 to become exactly $800.00
The question specifically asks how long for the money to be MORE than $800.00?

So, if we enter 800.01 into the equation, then the answer is
Years = {log(800.01) - log(600)} <span>÷ log(1.025)
</span><span>Years = {2.9030954156 -2.7781512504} / 0.010723865392
</span>Years = <span> <span> <span> 0.1249441652 </span> </span> </span> / 0.010723865392
<span> <span> <span> Years = 11.6510381875 </span> </span> </span>
<span><span> </span></span>












6 0
3 years ago
In a class room 3/10 of the students are wearing blue shirts and 3/5 are wearing white shirts there are 20 students In The class
shtirl [24]

Total number of students in the class = 36

Number of students wearing blue shirts = (1/6) * 36

                                                                = 36/6

                                                                = 6

Number of students wearing white shirts = (2/3) * 36

                                                                 = 2 * 12

                                                                 = 24

Then

Number of students not wearing blue or white shirts in the class = 36 - (6 + 24)

                                                                                                       = 36 - 30

                                                                                                       = 6

So 6 students in the class are wearing a shirt other than a blue or a white shirt. I hope the procedure is clear enough for you to understand.

5 0
3 years ago
If a line has a negative slope what is it general direction
docker41 [41]
Down, the line is going down
6 0
3 years ago
A student used his place value chart to show a number. After the teacher instructed him to divide his number by 100,the chart sh
valina [46]

Answer: When you divide by 100 you are essentially moving the decimal of the number two places to the left. In undoing this you would have to move the decimal of the number two places to the right.

28.003 would then turn into 2,800.3

Step-by-step explanation:

Unfortunately I cannot draw a chart on here but that is the best I can do.

8 0
4 years ago
PLease help asap
liubo4ka [24]
Nvm disregard or delete this... wrong answer

8 0
3 years ago
Read 2 more answers
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