Answer:
The company pays $3,750 each month for employee medical benefits.
Step-by-step explanation:
We are given the following information in the question:
A company pays 75 percent of each employees medical care premium.
Total number of employees in company = 100
Portion paid by the company to employees = $50
Money paid for employee medical benefits =
Money paid by company each month for medical benefits =
The company pays $3,750 each month for employee medical benefits.
Hello!
The equation for an exponential deprecation model like this is , where a is the starting value, x is the number of years passed, and r is the amount the value deprecates each year.
We know what a and r are: a = 1600, as that is the original cost of the computer, and r = .18, as that's how much it decreases by. Substitute these two into the equation.
We get . Now, subtract 1 - .18 to get our final answer.
is therefore the final model.
Hope this helps!