Answer: The correct option is C
Step-by-step explanation:
You begin a job with an annual salary of $32,900
Each year you are assured of a 5.5%. If you get the same amount each year, that is a 100% payment. It is neither reducing nor increasing. But with an increase of 5.5% each year, it means you are getting (100+5.5)% each year. This equals 105.5%. So for each year, you get 105.5% of the previous year.
This is a geometric progression. To determine the total amount that you can earn in 15 years, we will find the sum of 15 terms, S15 of the series. The formula for sum of the nth term of a geometric progression is expressed as
Sn = [a(r^n - 1)] / r - 1
Where
Sn = sum of the nth terms of the series
a = the first term(salary of the first year
r = common ratio
n = number of years.
From the question,
a = 32900
n = 15
r = 105.5/100 = 1.055
S15 = [32900(1.055^15 - 1)] / 1.055 - 1
S15 = [32900(2.23247649224 - 1)] / 0.055
S15 = [32900 × 1.23247649224] / 0.055
S15 = $737245
Answer:
1) 30
2) 4.5
Step-by-step explanation:
Answer:
7 x 6 x 5 = 210
Step-by-step explanation:
its a combination's problem.
7 horses are eligible for first place.
6 of those are eligible for 2nd given that one of the 7 finished first.
similarly 5 of the remaining are eligible for 3rd place given 2 horses have taken the first 2 spots.
therefore 7 x 6 x 5 possible combinations = 210 combinations.
Answer:
Step-by-step explanation:
Formula ………………………………………………………………………
The equation of a circle with center (a , b) and radius r is :
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Now ,let’s apply what we have learnt:
The equation of the circle with center (a , b) = (2 , 6) and radius r = 2√3 is :
