in investing job oppurtunities you find that firm A will start you at $25000 per year and gurantee you raise of $1200 each year while firm B will start you at $28000 but will gurantee you raise of only $800 each year.what would be the salary in tenth year for both firm?
Answers
Answered by
5
Firm A.
initial Salary=$25000
raise per year=$1200
So salary in tenth year=$25000+$(1200×10)
=$25000+$12000=$37000.
Firm B.
initial salary=$28000
Raise per year=$800
Salary after 10 years=$28000+$(800×10)
=28000+8000=$36000
Hope it helps...
Regards,
Leukonov.
initial Salary=$25000
raise per year=$1200
So salary in tenth year=$25000+$(1200×10)
=$25000+$12000=$37000.
Firm B.
initial salary=$28000
Raise per year=$800
Salary after 10 years=$28000+$(800×10)
=28000+8000=$36000
Hope it helps...
Regards,
Leukonov.
Answered by
1
Answer:
37000,36000
Explanation:
Arithmetic progression-Arithmetic Progression (AP) is a sequence of numbers in order, in which the difference between any two consecutive numbers is a constant value. It is also called Arithmetic Sequence. For example, the series of natural numbers: 1, 2, 3, 4, 5, 6,… is an Arithmetic Progression
Solving way-
For the Firm A-
Initial Salary=
Raise per year=
So salary in tenth year=
For the Firm B.
Initial salary=
Raise per year=
Salary after 10 years=
=
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