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garik1379 [7]
4 years ago
7

!!!!!HELP!!!!! 25 POINTS!!!

Mathematics
2 answers:
cluponka [151]4 years ago
6 0

Answer:

Formula: A = 48,000(1+0.02)^t

salary after 30 years: $ 86,945.35

Step-by-step explanation:

Hi, to answer this question we have to apply an exponential growth function:  

A = P (1 + r) t  

Where:  

p = initial salary

r = raising rate (decimal form)  

t= years  

A = salary after t years

Replacing with the values given:  

A = 48,000 (1+ 2/100)^t

A = 48,000(1+0.02)^t

Salary after 30 years: substitute t=30

A = 48,000(1+0.02)^30

A = 48,000(1.02)^30

A=$ 86,945.35

Feel free to ask for more if needed or if you did not understand something.  

hram777 [196]4 years ago
6 0

Answer:

The salary after 30 yeras will be $86,945.

Step-by-step explanation:

Since the salary is raised every year by 2%, it can be modeled as a compounded growth, so we can use the compounded interest formula, but in the place of the interest rate we will use the raise rate. We have:

M = C*(1.02)^t

Where M is the final salary, C is the initial salary and t is the time elapsed. In this case the initial salary is 48000 and we want to know how much will be the salary after 30 years, so t = 30. We have:

M = 48000*(1.02)^30 = 86945

The salary after 30 yeras will be $86,945.

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Step-by-step explanation:

In general, you would prove this by transforming one of the expressions into the other. The easiest would be to transform the factored form into the vertex form, perhaps, as this would spare you trying to explain the magic of factoring.

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