Answer:
70
Step-by-step explanation:
180 -(60+65) = 180 - 125 = 55
180 - (50 + 55) = 180 - 105 = 75
180 - (35 + 75) = 180 - 110 = 70
To answer this question, start by identifying the total amount of income after 5 years for the first contract.
Since you start with 15,000 and get 1000 more each year, write an expression that represents this relationship.
15000 + 1000(5)
Multiply the parenthesis to begin to simplify your expression.
This leaves you with:
15000 + 5000
Add to find the total salary after five years with the first contract.
This ends up with:
$20,000
For the second contract, you have a diffferent rate of increase. Start by finding what one percent of the initial salary is. To do this, divide 14000 by 100.
14000/100 = 140
Then to find ten percent, multiply that number by 10.
140 x 10 =1400
So, each year you add 1400 dollars to the salary.
Now, using this information, set up an expression to model the salary for contract 2 after 5 years.
This should leave you with:
14000 + 1400(5)
Begin to simplify by multiplying what’s in the parenthesis.
1400 x 5 = 7000
Now rewrite your expression:
14000 + 7000
Add to find the total salary after 5 years with contract 2.
14000 + 7000 = 21000
So the salary with contract 2 is $21,000.
So, since $21000 is $1000 more than just $20000, contract 2 is the better option. I hope this helps! :)
Straight line
Explaintion .
Answer:
The interest rate of Jess's account was 7%
Step-by-step explanation:
A = P * (1 + rt)
A = final amount
P = initial principal balance
r = annual interest rate
t = time (in years)
Replacing with the values we know:
A = P * (1 + rt)
8,150 = 5,000 * (1 + r * 9)
8,150/5,000 = 1 + 9r
1.63 = 1 + 9r
1.63 - 1 = 9r
0.63 = 9r
r = 063/9
r = 0.07 = 7%
The interest rate of Jess's account was 7%
