<h3>
Answer: $4.96</h3>
Work Shown:
8% = 8/100 = 0.08
8% of 62 = 0.08*62 = 4.96
<span>First year is 30,000.
</span><span>Earn 5% raise every year.
</span>Growth factor is 1.05 this sounds a lot like a geometric ratio.
An = A1 × r^(n-1)Sn = A1 × (1 - r^n) / (1-r)<span>n = 40
A1 = 30,000
A40 = $30,000 * 1.05^39 = $201,142.53
S40 = A1 * (1 - 1.05^40) / (1-1.05) which becomes:
S40 = 30,000 * -6.039988712 / -.05 which becomes:
</span>S40 = -181,199.6614 / -.05 which becomes:
S40 = $3,623,993.227
<span>The individual yearly calculations are shown below: </span>
If a number has a decimal that is .5+, you round up. If it is .4-, you round down. So 817.502 would be 818.
Answer:
y = -4/5x + 14/5
Step-by-step explanation:
Point (6,-2) and (-4,6)
Slope = (6- - 2) / (-4-6) = 8 / -10 = - 4/5
(The slope is negative because La línea is going downhill. Uphill is positive)
You can also find the slope in the graph: rise/run.
y-intersect (any point)
Point (6, -2) (any point)
y-Intercept: -2 - (-4/5)(6) = -2 + 24/5 = 14/5