Answer:
Step-by-step explanation:
I guess this is a geometric series:
a6 = a1 * r^5 so
a1 = 0.03125 / 0.5^5
= 1 answer
Answer:
Rent in 10th year = $5345.90
Step-by-step explanation:
Rent of apartment during first year = $1800 per month
But growth in rent with 11.5% per year will be represented by the exponential function,
Rent in 't'th year =
= 
= 
Therefore, rent during 10th year will be,
Rent in 10th year = 
= $5345.90
Add 3 1/2 and 2 1/3,
Firstly, find the common denominator. It is is 6
3 3/6 + 2 2/6
this gets you 5 5/6.
Take this away from 8:
8 - 5 5/6 = 2 1/6
So 2 1/6 of the board is left over.