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elixir [45]
2 years ago
5

What is the equivalent amount in year ten of an expenditure of $5,000 in year one, $6,000 in year two, and amounts increasing by

$1,000 per year through year ten?
Mathematics
1 answer:
Archy [21]2 years ago
3 0

Answer:

The correct answer is the equivalent amount is $139,059.41

Step-by-step explanation:

According to the scenario, the computation of the equivalent amount in year ten is shown below;

= $5,000 × (P/A, 10%,10) + $1,000 × (P/G, 10%,10)

= $5,000 × 6.1466 + $1,000 × 22.8913

= $30,723 + $22,891.30

= $53,614.30

Now the equivalent amount is

= $53,614.30 × (F/P, 10%,10)

= $53,614.30 × 2.5937

= $139,059.41

Hence, the equivalent amount is $139,059.41

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Step-by-step explanation:

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2 years ago
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juin [17]

Answer:

  y = 5·4^x

Step-by-step explanation:

If you have two points, (x1, y1) and (x2, y2), whose relationship can be described by the exponential function ...

  y = a·b^x

you can find the values of 'a' and 'b' as follows.

Substitute the given points:

  y1 = a·b^(x1)

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Divide the second equation by the first:

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Take the inverse power (root):

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