Answer: the total amount that you can earn in 15 years is $737245. Option C
Step-by-step explanation:
You receive an annual salary of $32,900 and each year, you are assured of a 5.5% raise. Assuming there was no raise, you get 100% of your previous salary each year. With a raise of 5.5%, you will get 100 + 5.5 = 105.5% of your previous salary for each year. This is a geometric progression and we want to determine the sum of 15 terms(15 years).
The formula for the sum of terms in a geometric progression is
Sn = [a(r^n - 1)]/ r - 1
Sn = sum of n terms
a = the first term
n = number of terms
r = common ratio
From the information given,
a = 32900
n = 15
r = 105.5/100 = 1.055
S15 = [32900(1.055^15 - 1)] / 1.055 - 1
S15 = [32900(2.23247649 - 1)] / 0.055
S15 = 32900 × 1.23247649) / 0.055
S15 = 737245.0277
S15 = $737245
Answer:
False
Step-by-step explanation:
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Answer:</h3>

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Step-by-step explanation:</h3>
In this question, it's asking you to find how much percentage the circle graph is for "A" papers.
To solve this question, we would need to use information from the question.
Important information:
- Graded 50 English research papers
- 12 of those papers had an "A" grade
With the information above, we can solve the question.
We know that there are 12 research papers that received an A and there are 50 research papers in total.
We would divide 12 by 50 in order to find the percentage of the papers that got an A.

When you divide, you should get 24.
This means that 24% of the circle graph is devoted to "A" papers.
<h3>I hope this helped you out.</h3><h3>Good luck on your academics.</h3><h3>Have a fantastic day!</h3>