Answer:
Formula: A = 48,000(1+0.02)^t
salary after 30 years: $ 86,945.35
Step-by-step explanation:
Hi, to answer this question we have to apply an exponential growth function:
A = P (1 + r) t
Where:
p = initial salary
r = raising rate (decimal form)
t= years
A = salary after t years
Replacing with the values given:
A = 48,000 (1+ 2/100)^t
A = 48,000(1+0.02)^t
Salary after 30 years: substitute t=30
A = 48,000(1+0.02)^30
A = 48,000(1.02)^30
A=$ 86,945.35
Feel free to ask for more if needed or if you did not understand something.
The answer would be A. 344000 and H=6 :)
1,5,9,13,17,21,25,29..., 4n+1
in general terms of an arithmetic sequence with the first term A0 and common differences d,
