Raymond B. answered 05/15/24
Math, microeconomics or criminal justice
8, 10, 12, 14,... x30x15
450x8, 450x10,450x12, 450x14,...
3600, 4500, 5400, 6300,7200,...
when does he reach 51,300
1st term = a1=3600, common difference = d=900, an arithmetic sequence
sn=(a1+an)(n//2)= sum of arithmetic series, n= number of terms
51,300= (3600+an)(n//2)
nan= 102600-3600n, an=a1+d(n-1)=3600+900(n-1)= 2700+900n
n(2700+900n)=2700n+900n^2= 102600-3600n
900n^2 +6300n-102600=0
n^2 +7n -114=0
n-=-7/2+.5sqr(505)
= about 11.2-3.5=7.7
n-3= 4.7 years from now
3600+4500+5400+6300+7200+
8100+9000= $45,000 in 4 years from now
in 5 years = $ 54,000
4.5 years $49,500
4.6 $50,400
4.7 $51,300
$51,300 in 4.7 years from now
4 years 256 days
= 4 yrs 8 mos 12 days
reaches $51,300