Work the following pricing problems for services rendered. (For all calculations use hundredths.) Labor time = 8 hours Overhead
2 answers:
You might be interested in
Answer:
4
Step-by-step explanation:
The sum to n terms of a geometric sequence is
=
where a is the first term and r the common ratio
Here r = 5 and a has to be found, thus
=
, so
= 15624
Multiply both sides by 4
15624a = 62496 ( divide both sides by 15624
a = 4