Concept explainers
(a)
To calculate: The total earnings of Job A over 20 years and determine whether it is arithmetic or geometric series. The initial salary of job A and B is $40,000 and $38,000 with annual raise of $3000 and 6% per year respectively.
(b)
To calculate: The amount raises after 1 year for Job B. The initial salary of job A and B is $40,000 and $38,000 with annual raise of $3000 and 6% per year respectively.
(c)
To calculate: The total earnings of Job B over 20 years and also determine whether it is arithmetic or geometric series. The initial salary of job A and B is $40,000 and $38,000 with annual raise of $3000 and 6% per year respectively.
(d)
To calculate: The difference of total salary over 20 years between Job A and Job B. The initial salary of job A and B is $40,000 and $38,000 with annual raise of $3000 and 6% per year respectively.
Want to see the full answer?
Check out a sample textbook solutionChapter 14 Solutions
BEGINNING AND INTERMEDIATE AGEBRA
- Write the repeating decimal 0.4 as a fraction.arrow_forwardA manufacturing company receives $122,000 upon the completion of a job. Total expenses for the job are $110,400. What percent of the job is profit? Round the answer to 1 decimal place.arrow_forwardDetermine the length of side b. Round the answer to 3 decimal places.arrow_forward
- Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal LittellCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningMathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill