A man gets a raise of 12% in salary at end of first year and further raises of 16% ,19% and 25% at the end of second, third and fourth years respectively; the raise in each year being calculated on his salary at the beginning of the year. What is the average annual percentage increase?

Q: An investor accumulated 1800 shares of Microtel Corporation over a period of several months. She…

A: From the provided information, An investor accumulated 1800 shares of Microtel Corporation over a…

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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: On June 10, 2010 The Boston Globe reported that in the five years between 2006 and 2011 Boston…

A: We have given raises per year so we have to find overall raise from 2006 to 2011.

Q: By what percentage did the profit made by the Derby branch increase from Year 1 to Year 3? year 1-…

A: Given: Year 1- 5.49  Year 3- 5.94

Q: You accept a new job with a starting salary of 48,000. Because of your stellar preformance at work,…

A: The starting salary of the new job is 48,000.Percentage of salary raise at the start of second year…

Q: A loan of $1,070 was repaid at the end of 18 months with a check for $1,095 What annual rate of…

A:

Q: What is the formula for percentage increase?

A: The formula to find the percentage increase is,

Q: Show how 4.56% is in fact determined for a 22% increase over 5 years and then calculate the average…

A:

Q: how much interest was earned in account 1

A:

Q: At age 18, someone sets up an IRA (individual retirement account) with an APR of 8%. At the end of…

A: Deposit at the end of each month

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A: Introduction: It is required to obtain the utilization rate in percentage form.

Q: what is the daily % increase to go from 100 to 100,000 in a 100 days

A: It goes 100 to 100000 in just 100 days So per day increment= 100000/100 = 1000

Q: Find the monthly PMT on a 140,000 house in which 20,000 down taken at 6% over 30 years.

A:

Q: The schools principal estimates that the current enrollment of 750 students will increase 5% each…

A:

Q: f a woman making $33,000 a year receives a cost-of-living increase of 2.5%, what will her new salary…

A:

Q: A new employee is paid $22.50 an hour. A performance evaluation is completed at the end of the year,…

A: We have to find rate per hour after increment.

Q: A copy Machine depreciates at the rate of 15% each year. If the original copy of the copy machine…

A: We know, Value after time t years = Initial value × 1+rate100t

Q: Carl placed $900 in a brokerage account that has been increasing its value by 16% per year. At the…

A:

Q: two people begin working on the same day for the same company. the starting salary of person A is…

A: Simple interest is the amount paid or received over a period with a fixed rate of interest for the…

Q: on 5 Depreciation: A new laptop costs $1,600. It is estimated that the laptop's value will decrease…

A:

Q: A population numbers 12 000 organisms initially and decreases by 4% each year. Suppose P represents…

A: As per the company guidelines we can solve first question. I hope that the given solution will help…

Q: Use the result from part (c) to find the cost to the company if employee turnover is 39% in a year

A: Given data : The percentage of employees who cease their employment during a year is referred to as…

Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.