You give up a full-time salary of $45,000 a year to go to school for 2 years. The total cost of going to school is $30,000. If y
2 answers:
Answer:
Option c., $69,000
Step-by-step explanation:
Full time salary amount for 2 years = $45,000 × 2
= $90,000
Total cost of going to school = $30,000
If i want to recover the investment in 5 years or less then minimum salary i will need
=
=
= 45,000 + 24,000
= $69,000
Therefore, Option C will be the answer.
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Answer:
Option A - The number of visitors is multiplied by (1+r) each year
Step-by-step explanation:
Given : The number of visitors to an art museum increases each year. The function represents the number of visitors to the museum at year t, where N is the number of visitors in year 0 and r is the rate of increase.
To find : Select the correct statement?
Solution :
We have given an exponential function,
The function represents the number of visitors to the museum at year t, where N is the number of visitors in year 0 and r is the rate of increase.
As In year 0,
The initial visitors is
In year 1,
In year 2,
So, According to this the number of visors is multiplied by (1+r) each year.
Therefore, Option A is correct.