Answer:
450 per month
Step-by-step explanation:
5000-1400=3600
3600/8=450
Since Peter already has 1400 dollars saved you can subtract that form the total amount and since he is trying to get the rest in eight months you just divide the difference by eight.
Answer:
$110,080
Step-by-step explanation:
This is an arithmetic sequence because each new term is obtained by adding $5000 to the preivous term.
The general formula for such an arithmetic series is
a(n) = $80,000 + ($5,000)(n - 1)
and so in his 23rd year Jason would make
a(23) = $80,000 + ($5,000)(23 - 1), or
$110,080
