Nola will make B. $ 3, 224 in one year.
For the answer to the questions above,
A) Parrots are following a Geometric Progression of 15% increase.
20(1.15), 20(1.15)², 20(1.15)³,
Function = 20(1.15)^n Where n is at the end of year, n =1, 2, 3, ..
Snakes are increasing by 4.
28, 32, 36,....
Function = 24 + 4n n = number of end year, n =1, 2, 3,...
<span>B) After 10 years: </span>
Parrot = 20(1.15)¹⁰ = 80.91115471
Snakes = 24 + 4(10) = 64
<span>C) After what time they are the same: </span>
We use trial and error:
Test: n 20(1.15^n) (24 + 4n)
1 23 28
2 26.45 32
<span> 3 30.41 36 </span>
4 34.98 40
5 40.23 44
6 46.26 48
7 53.20 52
8 61.18 56
9 70.36 60
After year 7, the Parrots increases far more.
<span>At year 7 they are roughly the same.</span>
2,-3 is the answer if it's just a point
Net Income: I=$1,240.00
Food: F=$150.00
Car payment: C=$244.00
Rent: R=$300.00
Saving: S=$50.00
Other things: O=?
F+C+R+S+O=I
$150.00+$244.00+$300.00+$50.00+O=$1240.00
Solving for O:
$744.00+O=$1240.00
$744.00+O-$744.00=$1240.00-$744.00
O=$496.00
Percent of his net income Victor can spend on other things: P=?
P=(O/I)*100%
P=($496.00/$1240.00)*100%
P=(0.40)*100%
P=40%
Answer: 40% of his net income Victor can spend on other things.
