A student's course grade is based on one midterm that counts as 5% of his final grade, one class project that counts as 25%
1 answer:
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Answer:
The y-intercept of the function is: b=10
Step-by-step explanation:
Given the table
x y
1 8
2 6
3 4
4 2
Taking any two points to find the slope
- (1, 8)
- (2, 6)
The slope between (1, 8) and (2, 6) is:
We know that the slope-intercept form of the line equation is
where m is the slope and b is the y-intercept.
Substituting m=-2 and any point i.e. (1, 8) in the slope-intercept form of the line equation to find the y-intercept (b).
8 = -2(1) + b
8 = -2 + b
b = 8+2
b = 10
Thus, the y-intercept of the function is: b=10
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
1)
2) In order to find salary in 5 years we need to plug n=5, we get
= 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.
Plugging n=10, a = 50000 and r= 1.05.
= 628894.62678.
<h3>Therefore , you will have earned $ 628894.62678 in total salary by the end of your 10th year.</h3>