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The salary scale for an officer starts at $1,700,000 .A rise of $4000 is given at the end of each share . Find the total amount of money the officer will earn in 14 years |
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Answer» Answer: GIVEN :
To Find :
Solution :Clearly, we can see that salary of the officer is in FORM of ARITHMETIC progession, where : First TERM, a = $ 1,700,000 Common difference = $ 4000 Number of terms, n = 14 And we have to find total salary i.e. Now, we know that : By substituting values : Hence, the total amount of money the officer will earn in 14 years is $ 24,164,000. |
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