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  • Sequence Series Opener

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    A cousin has been given a six-year contract with a professional baseball team. Management offers him three options: a starting salary of $1,700,000 his first year, an annual increase of $70,000 per year, starting in the 2nd year, and a salary increase of 3% per year. Which option would offer the most total money over the six-year period?

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    sequence series opener

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    A cousin has been given a six-year contract with a professional baseball team. Management offers him three options: a starting salary of $1,700,000 his first year, an annual increase of $70,000 per year, starting in the 2nd year, and a salary increase of 3% per year. Which option would offer the most total money over the six-year period?

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Als DOCX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    61 Ansichten1 Seite

    Sequence Series Opener

    Hochgeladen von

    api-214017049
    A cousin has been given a six-year contract with a professional baseball team. Management offers him three options: a starting salary of $1,700,000 his first year, an annual increase of $70,000 per year, starting in the 2nd year, and a salary increase of 3% per year. Which option would offer the most total money over the six-year period?

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Als DOCX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 1

    Name:__________________________ Date:______________ Hour:_______

    Chapter 11
    Something incredible has happened! Your older cousin, a gifted athlete, has been given a six-year contract with a professional baseball team. Management offers him three options: (1) A starting salary of $1,700,000 his first year with an annual increase of $70,000 per year, starting in the 2nd year. (2) A starting salary of $1,700,000 his first year with an annual increase of 3% per year at the beginning of the 2nd year. (3) A starting salary of $1,500,000, his first year with an annual increase of 9% per year at the beginning of the 2nd year. Which option would offer the most total money over the six-year contract?

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