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
The answer would be 2.5.
hope this helps (;
1 subscription = $21
28 subscriptions = x
You know 1 subscription is $21
You want to find out how much 28 subscriptions are
Multiply 28 (subscriptions) by 21 ($ per subscription)
28 x 21 = 588
28 subscriptions cost $588
If you would like the formula to find out how many subscriptions cost hat amount of money,
21x = y
x is how many subscriptions you want, while y is the total cost of the money
