Answer: his pay for the 4th year is $1453.16
Step-by-step explanation:
The landlord raises the rent 1.25% each year. It means that the rent is increasing in geometric progression.
The formula for determining the nth term of a geometric progression is expressed as
Tn = ar^(n - 1)
Where
a represents the first term of the sequence.
r represents the common ratio.
n represents the number of terms.
From the information given,
a = $1,400
r = 1 + 1.25/100 = 1.0125
n = 4 years
The 4th term(year), T4 is
T4 = 1400 × 1.0125^(4 - 1)
T4 = 1400 × 1.0125^3
T4 = $1453.16
You would:
(4 * 2 - 4) + (3 - 2^2) + (2 * 2^3)
(8 - 4) + (3 - 4) + (16)
4 + -1 + 16 = 19
Answer:
The total cost of the ski hat and the ski boots is $112.35.
Step-by-step explanation:
First, we need to add the prices of the ski hat and the ski boots.
85.50 + 19.50 = $105
Now, we need to find 7% of $105, and then add it to the total.
105 x 0.07 = $7.35
105 + 7.35 = $112.35
Therefore, the total cost of the ski hat and the ski boots is $112.35.
Let me know if this helps!