How do I enter a formula in a cell to calculate next year's salary in excel?

Q: How much time is n for $300 to accumul

A: Introduction: The formula of compound interest is given by, A=P1+rnnt Where A is the final amount, P…

Q: 1. How much interest is earned when an amount of 100,000Php is invested with annual interest rate of…

A: Let P amount is invested for t years with simple interest r%. Then total interest earned in t years=…

Q: A total of $40,000 is invested in two municipal bonds that pay 5.75% and 7.25% simple interest. The…

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Q: You are offered a job that pays $30,000 for the first year with an annual increase of 5% per year…

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Q: 7. If an investor invests $23,000 into two bonds, one that pays 4% in simple interest, and the other…

A: As per our guideline we are supposed to be answer only one question you can repost other question in…

Q: 5. Margo borrows $900 and must pay it back with 6% interest after 7 months. What is the total amount…

A: Margo borrows $900 and pay it back with 6% interest after 7 months.

Q: 13. Domenica started to work in 2001 at an annual salary of $31,500. She received a $1000 raise each…

A: Given: Domenica started work in 2001 Salary of Domenica in 2001 is $31500 Raise received every…

Q: What total amount ($) must be invested over seven years at 5 % annual interest to give the same…

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Q: Suppose that an employee earns $36000 in the first year on the job. Each year the employee receives…

A: Salary of the employee in the first year is (a) = $36,000  each year increment (d) = $1,200  And we…

Q: 1 A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per…

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Q: When Brad was born, his Grandma put $1,500 in a new account for him. Since then, the balance of the…

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Q: The hourly wage of some Toyota automobile assembly line workers is being increased annually by the…

A: Given query is to find the the doubling time of the wages.

Q: How much should Winona deposit in his savings account so that he will be able to withdraw ₱580,450…

A: We will find out the required value.

Q: Find the final hourly wage if a $12.00 starting wage is increased by 6 % each year for 7 years. The…

A: given, initial wage (Wi)=$12.00           increased rate R=6%      time(t)=7 years

Q: Two years and nine months after investing money, a retired couple received a check amounting to P 30…

A: Find your answer below

Q: Ali borrowed $6000 from a lender that charged simple interest at an annual rate of 7%. When Ali paid…

A: Given that, Amount P= 6000 Annual interest Rate,  R= 7% Interes, S.I = 2520 We've to find time n.

Q: Laura retired from her job recently, and she has saved about $441, 238. 00 over the course of her…

A: We solve the problem by just constructing the equation and solving them.

Q: A father deposited a total amount of P88,500 on two different investments. The first investment…

A: Formula:final amount = principal amount(1+rt) Let, the first investment=xThe second investment…

Q: You have accepted a job from a company that will pay you $38,900 in the first year of employment and…

A: So, we are compounding each year:-  Hence, we get a Geometric Progression with first term = 38900…

Q: Suppose that an employee earns $34000 in the first year on the job. Each year the employee receives…

A: Salary in the first year = $36000  Since there is an increase of $1200 each year  Salary at the…

Q: The first cost of an electric rebar bender is P392,000 and a salvage value of P40,000 at the end of…

A: Given information Pw=P392,000 r=5.4% ⇒r=5.4100=0.054 And n=4 years The annual cost is given by…

Q: Suppose that an employee earns $12000 in the first year on the job. Each year the employee receives…

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Q: After my birthday in the year 2010, the number of my years was the same as the sum of digits of the…

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Q: If Rita receives $63.90 interest for a deposit earning 6% simple interest for 150 days, what is the…

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Q: How long will it take to pay off a debt of $3960 if $50 is paid off the first month, $60 is paid off…

A: Given, $50 is paid off in the first month, $60 is paid off in the second month, $70 is paid off in…

Q: 2. The average price of a compact car is $20,000. If the value of the car depreciates an average of…

A: Given: The average price of a compact car is $20,000.

Q: Assume that a car loses 10% of the value it had at the beginning of the year. Find its value at the…

A: Given the initial value of the car at the start of the year is $30,000. The car loses 10% of the…

Q: 8) A person invested $12,000 into two accounts that pays 3.5% and 5% simple interest annually,…

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Q: Suppose that an employee earns $36000 in the first year on the job. Each year the employee receives…

A: The nth term of the arithmetic series is an=a1+dn-1. The sum of the n terms is Sn=n22a+n-1d.

Q: 4. Aaron is 5 years younger than Ron. Four years later, Ron will be twice as old as Aaron. Find…

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Q: Imagine you earn annual salary of 51149 biweekly and your workweek is 37. What is your hourly rate…

A: Annual salary 51149 The regular workweek is 37 hours. 37 hours in one week. Payment is every two…

Q: Hannah saved $250 at the start of each month for the last 10 years. If the accumulated value of her…

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Q: Find the final hourly wage if a $12.00 starting wage is increased by 6% each year for 7 years.

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Q: I) Determine how many rows are in the corner section of a stadium containing 3920 seats if the first…

A: 1)We need to find the number of rows in a stadium  2)we need to find the machine value after 7…

Q: The doubling time of a bank account balance is 8 years. By what factor does it grow in 16 years? In…

A: Given, Doubling time = 8 years

Q: drienne is going to deposit $8500.00 in an account that earns 2.5% inter or 360 months. How much…

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Q: Suppose your have no balance (debt) on your credit card.  If you spend $150 in a month and paid…

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Q: Miguel deposits ₱135,500 in a savings account that pay 13% interest converted semi-annually. If he…

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Q: if 12500 is invested at 6% from january 1, year 1, how much money accumulated until january 1 , year…

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Q: A machine costing RM100 000 depreciates RM10 000 for the first year,RM9 000 for the second year ,RM8…

A: We know

Q: A friend asks to borrow $500 and agrees to repay it in 60 days with 4% interest. How much interest…

A: Given Principal=$500Time=60 daysRate of interst=4%

Q: Richard invests $298.66 every month into an account. At the end of 30 years, he has a balance of…

A: Given: The investment rate is $298.66 per month and  total time 30 year=360month and final balance…

Q: Find the difference between the sum of the first 400 even numbers and the sum of the first 400 odd…

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Q: 3. Once a month, a man puts money into a cookie jar. During the 1st month he has P10.50 and each…

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Q: HELP! picture down below

A: A=final amount.P=initial amount=7000r= depretiation rate= 0.25t=4 years

Q: Suppose that you have 5000$ in your bank account and each month you withdraw 14% of the money left…

A: I withdraw 14% of the money every month.  So at the end of every month, there is (1-0.14)=0.86 of…

Q: - When Leif turned 10, his mom was four times his age. How old will she be when Leif turns 15?

A: When Leif turned 10, his mom was four times his age. It means that his mom was 10×4=40 years old.

Q: 2. Angel invested a certain amount at 8% simple interest per year. After 6 years, the interest she…

A: 2.  Let the amount invested is P Rate of interest is 8% per year and time is 6 years.  the interest…

Q: How much interest will Angel pay if she borrowed P120 000 payable in 8 months at 2.5%?

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Q: A student saves Rs.12 at the end of the first week and goes on increasing his saving Rs.4 weekly.…

A: It is an important part of statistics. It is widely used.

Polynomials

Try substituting 1. You will get 6 and not 0. Try other real values also. What About -2? Let us check.