Olivia is preparing many gifts for a family holiday party. Each gift must either be wrapped with wrapping paper or prepared in a gift bag. Olivia can wrap a single gift in 3 minutes and she can do a giftbag in 1.5 minutes. Olivia prepared a total 14 gifts in 30 minutes. Graphically solve a system of equations in order to determine the number of gifts Olivia wrapped, x, x, and the number of giftbags she prepared, yy.

2nd one in the first row is correct

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.

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step-by-step explanation:

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