Answer: The correct option is C
Step-by-step explanation:
You begin a job with an annual salary of $32,900
Each year you are assured of a 5.5%. If you get the same amount each year, that is a 100% payment. It is neither reducing nor increasing. But with an increase of 5.5% each year, it means you are getting (100+5.5)% each year. This equals 105.5%. So for each year, you get 105.5% of the previous year.
This is a geometric progression. To determine the total amount that you can earn in 15 years, we will find the sum of 15 terms, S15 of the series. The formula for sum of the nth term of a geometric progression is expressed as
Sn = [a(r^n - 1)] / r - 1
Where
Sn = sum of the nth terms of the series
a = the first term(salary of the first year
r = common ratio
n = number of years.
From the question,
a = 32900
n = 15
r = 105.5/100 = 1.055
S15 = [32900(1.055^15 - 1)] / 1.055 - 1
S15 = [32900(2.23247649224 - 1)] / 0.055
S15 = [32900 × 1.23247649224] / 0.055
S15 = $737245
Answer:
35/7 or 5
Step-by-step explanation:
so you multiply 5 and 9 which is 45- 10 which is 35 but then its 5-(-2) which when doing this a variable minus a negative makes it a positive so then its 5+2 which is 7 then you have 35/7 or 5
Answer:
1st option
Step-by-step explanation:
let y = f(x) and rearrange making x the subject
y = 2x + 1 ( subtract 1 from both sides )
y - 1 = 2x ( divide both sides by 2 )
= x
Change y back into terms of x with x being the inverse h(x)
h(x) = 
= 
x -
The price of one ticket is $ 62.2
<h3><u>Solution:</u></h3>
Given that a performer expects to sell 5000 tickets for an upcoming event
They want to make a total of $ 311, 000 in sales from these tickets
<em><u>To find: price of one ticket</u></em>
Let us assume that all tickets have the same price
Let "a" be the price of one ticket
So the total sales price of $ 311, 000 is obtained from product of 5000 tickets and price of one ticket
Thus the price of one ticket is $ 62.2
