Question
Marquis begins a job making
per year. Each year, he is to receive a
raise. His salary after
years can
be modeled by this equation:
. After 25 years, how much total money will Marquis have
earned from this job?
be modeled by this equation:
earned from this job?
Ask by Clarke Guerrero. in the United States
Jan 21,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
After 25 years, Marquis will have earned a total of $1,805,000.
Solution

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Extra Insights
To find out how much total money Marquis will have earned after 25 years, we first need to calculate his salary for each year for 25 years using the provided formula
.
For
:
Now, we can find the total earnings over these 25 years. To do this, we can sum up all the individual yearly salaries from year 1 to year 25.
The total money earned can be calculated as:
Instead of adding each year separately, we can use the formula for the sum of an arithmetic series, which is:
where
is the number of terms,
is the first term, and
is the last term.
Here:
Calculating the total earnings:
Therefore, after 25 years, Marquis will have earned a total of $1,805,000.