Answer:
Step-by-step explanation:
Answer:
Step-by-step explanation:
Each successive year, he
earned a 5% raise. It means that the salary is increasing in geometric progression. The formula for determining the nth term of a geometric progression is expressed as
Tn = ar^(n - 1)
Where
a represents the first term of the sequence(amount earned in the first year).
r represents the common ratio.
n represents the number of terms(years).
From the information given,
a = $32,000
r = 1 + 5/100 = 1.05
n = 20 years
The amount earned in his 20th year, T20 is
T20 = 32000 × 1.05^(20 - 1)
T20 = 32000 × 1.05^(19)
T20 = $80862.4
To determine the his total
earnings over the 20-year period, we would apply the formula for determining the sum of n terms, Sn of a geometric sequence which is expressed as
Sn = (ar^n - 1)/(r - 1)
Therefore, the sum of the first 20 terms, S20 is
S20 = (32000 × 1.05^(20) - 1)/1.05 - 1
S20 = (32000 × 1.653)/0.05
S20 = $1057920
$2.10 - $2 = $0.10
The banana cost 10 cents.
Answer:
Ratios of money made by Jackie and Liana = 
Step-by-step explanation:
We have given,
On selling a lemonade :
Money made by Jackie = $24
Money made by Liana = $36
We need to find the ratios of money made by Jackie and Liana by selling lemonade.
So, Ratio = Money made by Jackie / Money made by Liana
or , Ratio = 
or, Ratio =
So, the ratios of money made by Jackie and Liana is
C because y=mx+b and the constant is the slope which is m. The equation is y =38x+100
