Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

You have a job as a teacher. Your salary for the first year is $37,185.
You will receive a 6% increase every year.
Part A Would an arithmetic or geometric sequence best model this situation?
- Arithmetic
- Both
- Neither
- Geometric

Part B: What explicit formula models this situation?
- an=37185*(.06)^n-1
- an=37185*(1.06)^n-1
- an=6*(37185)^n-1
- an=6*(1.06)^n-1

Part C: How much will your salary be at the start of your 5th year?
- $37,192.57
- $42,564.25
- $46,945.21
- $223,110.00

Sagot :

Answer:

a). Geometric sequence

b).

c). $46945.21 will be the salary at the start of 5th year.

Step-by-step explanation:

My salary for the first year is $37185.

If I get an increase of 6% every year then the next year salary will be,

  = $39416.1

Similarly in the second year my salary will be

   = $41781.07

So the sequence becomes $37185, $39416.1 $41781.07.....

And there is a common ratio in each successive term 'r' = 1.06

a). Therefore, it's a geometric sequence.

b). Explicit formula for this sequence will be in the form of

Where t = duration in years

c). Salary at the start of 5th year,

      = $46945.21

Step-by-step explanation:

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.