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hichkok12 [17]
3 years ago
14

Belinda will earn $46,000 her first year working as an interior designer with annual raises of 10%. What are her total earning a

t the end of 7 years?
Mathematics
1 answer:
Fed [463]3 years ago
7 0
For this case we have an equation of the form:
 y = A * (b) ^ t
 Where,
 A: initial gain
 b: growth rate
 t: time
 Substituting values we have:
 y = 46000 * (1.10) ^ t
 For the year 7 we have:
 y = 46000 * (1.10) ^ 7
 y = 89640.9866
 Answer:
 
her total earning at the end of 7 years are:
 
y = 89640.9866 $
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