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Llana [10]
3 years ago
7

What is one benefit and one limitation of loss aversion

Mathematics
1 answer:
Eddi Din [679]3 years ago
7 0

Answer:

"...loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5."

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Use the following information for problems 1 – 3. Suppose you sign a contract for an annual salary of $50,000 with a guaranteed
erik [133]

Initial salary =  $50,000 .

Rate of raise = 5% each year.

Therefore, each next year salary would be 105% that is 1.05 times.

5% of 50,000 = 0.05 × 50000 = 2500.

Therefore raise is $2500 each year.

According to geometric sequence first term 50000 and common ratio 1.05.

Applying geometric sequence formula

a_n = ar^{n-1}

1) a_n = 50000(1.05)^{n-1}

2) In order to find salary in 5 years we need to plug n=5, we get

a_5 = 50000(1.05)^{5-1}= 50000(1.05)^4

= 50000(1.21550625)

<h3>=$60775.3125.</h3>

3) In order to find the total salary in 10 years we need to apply sum of 10 terms formula of a geometric sequence.

S_n = \frac{a(1-r^n}{1-r}

Plugging n=10, a = 50000 and r= 1.05.

S_10 = \frac{50000(1-(1.05)^{10}}{1-1.05}

S_10 = \frac{50000(0.050)^{10}}{0.05}

= 628894.62678.

<h3>Therefore , you will have earned $ 628894.62678 in total salary by the end of your 10th year.</h3>



7 0
3 years ago
Triangle ABC has side lengths:
Harlamova29_29 [7]

The length of HJ is 3.5 cm

<h3>What is Congruency?</h3>

Two geometric figures are said to be congruent, or to be in the relation of congruence, if it is possible to superpose one of them on the other so that they coincide throughout.

Given:

AB = 3.5 cm, BC = 2.4 cm, and AC = 4.2 cm

As, ΔABC ≅ ΔHJK

So,

AB = HJ

BC = JK

AC = HK

Thus, HJ= AB = 3.5 cm

Learn more about this concept here:

brainly.com/question/4229988

#SPJ1

8 0
1 year ago
CORRECT ANSWER GETS BRAINLIEST
MissTica

Pretty sure it's D :)))))

5 0
3 years ago
Read 2 more answers
Find the value of y. *<br> (8x - 7)<br> (3x - 11)<br> (2y +23) (3z2-5)<br> (4y + 8)
quester [9]

Answer:

66 6 I am not your friend 6

Step-by-step explanation:

7 0
2 years ago
Percy solved the equation x2 + 7x + 12 = 12. His work is shown below. Is Percy correct? Explain.
antoniya [11.8K]
= > x² + 7x + 12 = 12

= > x² + ( 4 + 3 )x + 12 = 12

= > x² + 4x + 3x + 12 = 12

= > x( x + 4 ) + 3( x + 4 ) = 12

= > ( x + 4 ) ( x + 3 ) = 12


Percy did correct till this step. But by doing like this, Percy can't get the values of the variable x.



Percy should follow the following steps :

= > x² + 7x + 12 = 12


Add -12 on both sides,


= > x² + 7x + 12 - 12 = 12 - 12

= > x² + 7x = 0

= > x( x + 7 ) = 0

= > ( x = 0 ) or ( x + 7 = 0 )

= > ( x = 0 ) or ( x = - 7 )



Hence, required value(s) of x is 0 or -7
.
8 0
3 years ago
Read 2 more answers
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