Answer:
Nat's salary after 3 years = 976562.5 $
Explanation:
Salary of Nat = $500,000
Raise in salary for next three years = 25 % = 0.25
Salary of Nat after 1 year = 500,000 + 0.25 * 500,000 = 625000 $
Salary of Nat after 2 years = 625000 + 0.25 * 625000 = 781250 $
Salary of Nat after 3 years = 781250 + 0.25 * 781250 = 976562.5 $
So, Nat's salary after 3 years = 976562.5 $
Easy Method;
No of years considering = 3
Initial salary = $500,000
Rate of increase = 0.25
Final salary
$
Nat's salary after 3 years = 976562.5 $
Parentheses!! Don’t forget PEMDAS! (Parentheses, exponents, multiplication, division, addition, subtraction)
1/3 = 8/24
1/8 = 3/24
use 24 since it's the LCM of 8 and 3
8-3/24 = 5/24
The formula that you will use will be the formula for the area of a circle, which is as follows:
A= Pi r^2
(Pi times the radius squared)