Answer:
Slope= 2/5
y intercept = 0
5000(1+.07)^2
5000(1.07)^2
5000(1.14)
5,700
Your final answer should be 5,700$. If you wanna double check you would use the equation fv=bv(1+r/m)^mt
Answer:
They are consecutive terms in the Fibonacci Sequence.
Step-by-step explanation:
The sequence goes 1,1,2,3,5,8,13,21,...
Since 13 and 21 are consecutive here, that is the answer.
Answer:
5
Step-by-step explanation:
hope this helps ;)
Answer:
<em>The salesperson's commission for this month is $3,803</em>
Step-by-step explanation:
<u>Percentages</u>
Let's call x to the sales volume, not including commission.
The salesperson is paid an 8.25% commission on sales, thus the total invoice is x + 8.25%x = x + 0.0825x = 1.0825x
We are given this total invoice, thus:
1.0825x = $49,900
Dividing by 1.0825:
x = $46,097
The salesperson's commission is
0.0825*$46,097=$3,803
The salesperson's commission for this month is $3,803
