Answer:
- a) P(x) = 32000*1.04^x
- b) $37435
- c) During year 7
Step-by-step explanation:
<u>Given</u>
- Initial pay = $32000
- Increase rate = 4%
a. <u>Formula</u>
b. Year 5 is after 4 years, so we are looking for the value of P(4)
- P(4) = $32000*1.04^4 = $37435
c. <u>P(x) = 40000, x = ?</u>
- 40000 = 32000*1.04^x
- 1.04^x = 40000/32000
- 1.04^x = 1.25
- log 1.04^x = log 1.25
- x = log 1.25 / log 1.04
- x = 5.69, this is 6 years after
The required number of the years is 6 + 1 = 7
Answer:
Step-by-step explanation:
lol i think 800 m imao if im not corecct
Answer:
450
Step-by-step explanation:
Since we are estimating, we can round 596 to 600, and 77 to 75
So, we need to find 75%, or 3/4 of 600
600 * 3/4 = 150 * 3 = 450
Answer:
3/14
Step-by-step explanation:
This is because 1/2-1/3 is 1/6 and then 1/6 times 6/7 is 3/14
