g An employee joined a company in 2017 with a starting salary of $50,000. Every year, the employee receives a raise of $1,000 plus 5% of the salary of the previous year. (a). Set up a recurrence relation for the salary of the emplyee n years after 2017. A recurrence relation of a sequence is an equation that express a subscript n using one or more of previous terms. (b). What will be the salary of the employee in 2025

Answers

Answer 1

Answer:

a) s[n] = 1.05s[n-1] +1000; s[0] = 50,000

 b) $83,421.88

 c) s[n] = 70000·1.05^n -20000

Step-by-step explanation:

a) Let s[n] represents the employee's salary in dollars n years after 2017. The salary in 2017 is given as $50,000, so ...

 s[0] = 50000 . . . . the recursion relation initial condition

The next year, the salary is multiplied by 1.05 and 1000 is added:

 s[1] = 1.05·s[0] +1000

This pattern repeats, so the recursion relation is ...

 s[n] = 1.05·s[n-1] +1000

__

c) It is convenient to find a formula for the salary before trying to compute the salary 8 years on. So, we work part (c) before part (b).

The base salary gets multiplied by 1.05 each year, so can be described by the exponential function ...

 base salary after n years = 50,000·1.05^n

The add-on to the raise becomes a geometric sequence whose common ratio is 1.05. The sum can be described by the formula for the sum of such a sequence:

 sum = a1(r^n -1)/(r -1) . . . . . (see note below)

 sum of add-ons = 1000(1.05^n -1)/(1.05 -1) = 20000(1.05^n -1)

So, the total salary after n years is ...

 s[n] = 50000·1.05^n + 20000(1.05^n -1)

The exponential terms can be combined, so we have the explicit formula ...

 s[n] = 70000·1.05^n -20000

__

b) The year 2025 is 8 years after 2017, so we want to find s[8].

 s[8] = 70000·1.05^8 -20000 = 70000·1.4774554 -20000

    = 103,421.88 -20000 = 83,421.88

In 2025, the employee's salary will be $83,421.88.

_____

Note on the sum of the add-ons

A geometric sequence starts with term a1 and gets multiplied by a ratio r to make the next term: a2=r·a1; a3=r²·a1, ....

The sum of such a geometric sequence has the formula

 Sn = a1·(r^n -1)/(r -1)

Here, the sequence starts in year 1 with a1=1000 and has a common ratio r=1.05. The denominator of the sum is r-1 = 0.05 = 1/20, so the sum can be written as

 Sn = 20000·(1.05^n -1).


Related Questions

Pls help ASAP I’ll brainlest

Answers

EXPERIMENT

PROBLEM

CONCLUSION

INFERENCE

The answer above is correcttttttt

Please help for brainliest !!

Answers

Answer:

i do bellieve it is c

Step-by-step explanation:

What is the volume of rectangular prism: The answer is B

a positive real number is 4 less than anther of the sum of the squares of the two numbers is 72 then find the numbers.​

Answers

Answer:

3.657 and 7.657 to the nearest thousandth.

Step-by-step explanation:

x - y = 4

x^2 + y^2 = 72

From equation 1

x = y + 4 so

(y + 4)^2 + y^2 = 72

y^2 + 8y + 16 + y^2 - 72 = 0

2y^2 + 8y - 56 = 0

y^2 + 4y - 28 = 0

y = 3.657.

so x = 7.657.

HELPP
subtract a from 9, double the result, then add 10 to what you have

Answers

Answer:

Step-by-step explanation:

9 - a = 9 -a

9 - a + 10 = 19 - a

What are the solutions of the equation 4x² + 3x = 24 - x?
O-3, 2, or 4
0-3 or 2
O-2, 3, or 4
O-2 or 3

Answers

It would be -3 or 2

A rectangle is 51.6 cm tall and 45.6 cm wide. If it is reduced to a width of 3.8 cm, then how tall will it be?​

Answers

Answer:

jjdttfyuy

Step-by-step explanation:

6. Which of the following is the improper fraction for the mixed fraction 2 5/3

Answers

Answer:

[tex]\frac{11}{3}[/tex]

Step-by-step explanation:

Multiply the denominator by the whole number, then add the numerator.

3 × 2 + 5 = 11

Keep the denominator.

[tex]\frac{11}{3}[/tex]

Answer:

11/3

Step-by-step explanation:

1. To change a mixed number into an improper fraction, multiply the whole number with the denominator of the mixed number. Then, add the numerator of the fraction to the product to get the numerator of the improper fraction. Remember to keep the denominator the same.

2. Given the information above:

[tex]3 * 2 = 6[/tex] [tex]6 + 5 = 11[/tex] 11 = numerator, denominator = 3improper fraction: 11/3

Therefore, the answer is 11/3.

Does anyone remember how to do domain and range?

Answers

Answer:

Ummm no not really

Step-by-step explanation:

Answer:

Another way to identify the domain and range of functions is by using graphs. Because the domain refers to the set of possible input values, the domain of a graph consists of all the input values shown on the x-axis. The range is the set of possible output values, which are shown on the y-axis.

PLS HELP I ONLY HAVE 5 MIN

Answers

Answer:

I know this isn't really help but Desmos is a good place to help you with stuff like this.

Answer:

y-intercept = 34/5 (6.8), eqn, y = 0.4x +0.6

Step-by-step explanation:

Slope (m) = 0.4

(8-y)/(3-x) = o.4

8-y = 1.2 - o.4x

6.8 - y = -0.4x

y = 0.4x + 6.8

From y = mx + c , where c is the y-intercept

hence 6.8

The solution to 3(x-8)+4x=8x+4

Answers

Answer: x = -28

Step-by-step explanation:

1) Distribute

3(x-8)+4x=8x+4

3x-24+4x=8x+4

2) Combine like terms

7x - 24 = 8x + 4

3) Move x(subtract 7x from both sides)

-24 = x + 4

4) Subtract 4 from both sides.

-28 = x

Hope it helps :)

The simplified solution of the given expression is x = -28.

Given that, to determine the simplified solution of the expression  3(x-8)+4x=8x+4

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

Here,
3(x-8)+4x=8x+4
3x - 24 + 4x - 8x = 4
-x = 4 + 24
-x = 28

Thus, the simplified solution of the given expression is x = -28.

Learn more about simplification here:

https://brainly.com/question/12501526

#SPJ2

Please help. I am not sure how to solve. Please include step by step. Thank you for the help!

Answers

Answer:

[tex]h = \frac{V}{\pi r^{2}}[/tex]

h = 4 cm

Step-by-step explanation:

Given the formula for the volume (V) of a cylinder: V = πr ²h, and the following values for volume and radius:

V = 36π cm³

r = 3 cm

First, solve for h:

V = πr ²h

Divide both sides by πr ²:

[tex]\frac{V}{\pi r^{2} } = \frac{\pi r^{2}h}{\pi r^{2} }[/tex]

[tex]h = \frac{V}{\pi r^{2}}[/tex]

Next, solve for the height of the cylinder by substituting the given values for volume and radius into the formula:

[tex]h = \frac{V}{\pi r^{2}}[/tex]

[tex]h = \frac{36\pi }{\pi (3^{2})}[/tex] → π cancels out.

[tex]h = \frac{36}{9}[/tex]

h = 4 cm

HELPPP
Indicate the equation of the given line in standard form, in the equation box below.

The line through (2, –1) and parallel to a line with slope of 3/4.

Answers

Hope this helps you

A farmer has 15 boxes of eggs
There are 6 eggs in each box.
Write, as a ratio, the number of eggs in three boxes to the total number of eggs.
Give your answer in its simplest form
Total

Answers

A farmer has 15 boxes of eggs and there are 6 eggs in each box. Therefore it will be part to whole. The bigger number is always the whole. 6:15 is the ratio.

Can someone please explain this by step by step? And give me the answer

Answers

Answer:

we know that q=-18

So if we see the fraction below it says q/3

We know that q is -18

Therefore, you substitute it in for q and you get

-18/3 which equals -6

x - 2/2 = 3x + 8/4

A. 12
B. -24
C. 16

Answers

It’s doesn’t look like any of the anwsers are right..

x-2/2=3x+8/4

x-1=3x+2

-x. -x

-1=2x+2

-2. -2

-3=2x

÷2. ÷2

-3/2=x

8 × 4/8 =
patulong po​

Answers

Answer:

4

Step-by-step explanation:

the answer is 4

yep it is because eight cancels out with the other one

Answer:

(8 × 4)/8

so answer=4

The price of an item has dropped to $68 today. Yesterday it was $80. Find the percentage decrease.

Answers

Answer:

15 percent

Step-by-step explanation:

Answer:

15%

Step-by-step explanation:

(80-68)*(100/80)=15%

yall what is this? I dont really know what to do

Answers

Answer:

you did it right

Step-by-step explanation:

Tbh you were actually correct

In a group of 97 students, the number of students taking programming is twice the number of students taking math. There are 53 students taking exactly one of these subjects, and 15 are taking neither of these subjects. How many students are taking math? How many students are taking programming? In a group of 97 students, the number of students taking programming is twice the number of students taking math. There are 53 students taking exactly one of these subjects, and 15 are taking neither of these subjects. How many students are taking math? How many students are taking programming?

Answers

The number of student taking math is 37 while the number of students taking programming is 74

Universal set = 97

let

The number taking math = x

The number taking programming = 2x

The number of students that take exactly one subject = 53

The student taking neither of the subject = 15

The number of students taking only maths will be

x - n(m ∩ p)

The number of students taking only programming will be

2x - n(m ∩ p)

let

n(m ∩ p) = y

Therefore,

x - y + 2x - y = 53

3x - 2y = 53

Also,

97 = x + 2x - y + 15

3x - y = 82

Therefore,

3x - 2y = 53

3x - y = 82

-y -(-2y) = 82 - 53

y = 29

3x - 29 = 82

3x = 82 + 29

3x = 111

x = 111/3

x = 37

Finally,

number of students taking maths = 37

number of student taking programming = 37×2 = 74

Check similar problem on sets: https://brainly.com/question/16132324?referrer=searchResults

A seed weighs 0.00002421 ounces. What is this value in correct scientific notation?
A) 2421 x 108
B) 2.421 x 105
2.421 x 10-5
D 2421 x 10
-8

Answers

Answer:

C) 2.421 x 10^-5

Step-by-step explanation:

A negative exponent on a power of ten will make the decimal point go back that amount of times to the left, making it a lesser number. A positive exponent will cause it to move to the right, making the number greater. We aren’t going to need to make any of the numbers being multiplied greater, so we can eliminate the first two. Then we need to solve the others. We can do this by moving the decimal the amount of times that we see the exponent equals. Since C is -5, we move it to the left 5 times, and get the weight of the seed; 0.0002421.

Hope This Helped!

Which of the following is the graph of y=sqrd-x-3?

Answers

>> Answer

___________

[tex] \: [/tex]

y = [tex]\sqrt{-x - 3}[/tex]

graph in picture!

Write an expression for the perimeter of the triangle shown below:
A). 5.5x − 9

B). 5.5x + 9

C). 10x − 39

D). 10x − 9

Answers

Answer:

  Answer B    5.5x + 9

Step-by-step explanation:

Perimeter is the distance around the three sides of the triangle

P = (0.3x + 24) + (5x) + (0.2x - 15)

P = (0.3x + 5x + 0.2x) + (24 - 15)

P = 5.5x + 9

I don't understand this!!!

Answers

Answer:

6 more times

Step-by-step explanation:

trust :)

Hurry please What is the equation of this line
A. Y=1/4x-6
B. Y=6x-4
C. Y=6x-1/4
D. Y=4x-6

Answers

Sorry but it’s too confusing

The admission fee at an amusement park is $6.50 for children and $15.00 for adults. On a certain day, 337 people entered the park, and the admission fees collected totaled $3,423.00. How many children and how many adults were admitted?

Answers

Answer:

192 children and 145 adults were admitted.

Step-by-step explanation:

Let c represent the amount of children and let a represent the amount of adults.

Total fees for children = (Fee for one child) x (Amount of children) = 6.5c

Total fees for adults = (Fee for one adult) x (Amount of adults) = 15a

Total fees = Total fees for children + Total fees for adults

3423 = 6.5c +15a

We know that the amount of people who entered the park was 337. Therefore a+c=337, which means a=337-c.

Sub this in to the equation above to get:

3423 = 6.5c +15 (337-c)

3423 = 6.5c + 5055 - 15c

-1632 = -8.5c

c = 192

So there were 192 children.

Since a=337-c and c=192, a=337-192=145. So there were 145 adults.

You buy tomatoes sauce for 0.37per ounce. One portion of potatoes gnocchi requires 3.5 ounces of tomatoe sauce. How much does the sauce for one portion cost

Answers

Answer:

it would cost $0.74 = 74 cents

Step-by-step explanation:

The cost of one ounce of tomato = $0.37

1 portion of potato gnocchi requires 2 ounces of tomato sauce.

To find the cost of one portion of the potato gnocchi, we have to simply find the cost of 2 ounces of tomato sauce.

That is:

Cost = 2 * 0.37 = $0.74

Hence, one portion of potato gnocchi costs $0.74

Since $1 = 100 cents, the cost in cents will be:

0.74 * 100 = 74 cents

A? B? C? D?..................................................

Answers

Answer:

A.

Step-by-step explanation:

yan na yannnnnnnnnnnnnnnn

The answer should be A.

What is the midpoint of CD?

Answers

Answer:

The endpoints of the line segment CD are:

$$C=(x_1,y_1)= (-4, 8) \\ D= (x_2,y_2)= (8, -4) $$

We find the midpoint using th

8+4 =17+5

identify and explain the error made by the leaner​

Answers

Answer:

let the value of x

Step-by-step explanation:

x=8+4=17+5

x=12=22x=22/12

x=1.8334

what is the value of p(x)=4x+15 ?

Answers

Answer:

The answer is 10x

Step-by-step explanation:

Other Questions
What was the charter of 1732 rules about land ownership Which of the following is a true statement?Growth cycles only happen to reptiles.Growth cycles happen to all animals.Growth cycles only happen to birds.Growth cycles only happen to mammals. An atom that has twelve protons in its nucleus has an atomic number of:241312none of the above young goodman brown audience with five or six little ones living or en in health and spirit, the wornout sh woman who would reproach us for tryir will save her from giving birth to any more ba chaps to disease and death? It is to make such knowledge legally and medica land that in November 1921 we formed the Ame growing and extending itself across this contine Japan, China and India. Give 3 of Margaret Sanger's Main Points can solute particles pass through the membrane of a semipermeable membrane? Can I have help i went someone to answer for me all the questions Based on the excerpt above, what was most likely true about this time in the nations history? Whaling was the most profitable industry for African Americans. Ships were the primary means of transporting goods for African Americans. African Americans were performing the same duties as others without the same rights. More industries were created by African Americans during this period than any other time in our nations history. What step ends translation?A. addition of an amino acid into the growing peptide chainB. separation of mRNA from the ribosome when a stop codon is reachedC. detachment of tRNAs from the ribosomeD. connection of tRNA anticodons with codons on mRNA Complete the second sentences so that it has asimilar meaning to the first one Name the following ionic compounds that contain transition metals. Use the periodic table providedand a chart that lists the possible charges of transition metals, found here.Cucicopper(1) chlorideOcopper chloridecopper(ll) chlorideDONE what is the organ responsible for the production of bile PLS HELP ME ASAPNO LINKS1.What is the probability of rolling an odd number on a 6 sided die2.Eric and 3 friends took turns riding the Beast with each other at Kings Island. If they rode with all others exactly once, how many times did they ride it?3. What is the area of a circle with a radius of 4mm? Use 3.14 for pi.4. Find the median of the following data set.6.2, -5.9, 2.4, 1.8, 8.75. What is the slope from (-1,2) to (2,-2)?6. How many different ways can you write the letters a, b and c in order from left to right? Examine 6 regulatory and supervisory role the Bank of Ghana plays in ensuring that there is sanity in the financial sector of Ghana. plz help i will give brainlyest example of this Negroes placed under the direction or supervision of any other person than a Catholic, are liable to confiscation. Let f(x)=5x^4 and g(x)=e^2x+x. If h is the function defined by h(x)=f(g(x)), which of the following gives a correct expression for h(x)? Tarek will spend at most $26 on gifts. So far, he has spent $14. What are the possible additional amounts he will spend?Use c for the additional amount (in dollars) Tarek will spend.Write your answer as an inequality solved for c. Nucleus is found in...A. prokaryotic cells.B. eukaryotic cells.C. all cells. Whats the answer? ( BRANLIEST ) 5/7 divided by 2/7. Divide