In order to solve this problem, you need to use a geometric series:
where:
a₁ = first term of the series = 36000
r = common rate = 10% raise, therefore 1.10
n = number of terms = 5
Therefore,
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= 219783.60 $
Luke's total earnings in five years are
<span>
219783.60 $.</span>
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Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
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B) The value increased by about 3.39% per year.
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C) S = $100,000(1.03394855265)^18 ≈ $182,000
The answer is 96, don't ask how, just know.
Length of circumference is 2πr
2 π r and r is equal to 2 cm
I.e 12.5 cm
Answer:
Well since they're bringing 1 each day, just multiply that by the number of days of school, or just use the variable x to replace it.
1x = the number of box tops they each bring to school
