Applying the Concepts

103.
1. 208 ft
2. $(16 + (n - 1) 32) ft$ $(16 + (n - 1) 32) ft$
105. $250
107. 19,200 min
109.
1. $A_{1} = 10, 300, A_{2} = 10, 609, A_{3} = 10, 927.27, A_{4} = 11, 255.09, A_{5} = 11, 592.74, A_{6} = 11, 940.52$ $A_{1} = 10, 300, A_{2} = 10, 609, A_{3} = 10, 927.27, A_{4} = 11, 255.09, A_{5} = 11, 592.74, A_{6} = 11, 940.52$
2. $16,047.10
111. 1st year: $105,000; 2nd year: $110,250; 3rd year: $115,762.50; 4th year: $121,550.63; 5th year: $127,628.16; 6th year: $134,009.56; 7th year: $140,710.04; formula: $a_{n} = (100, 000) ({1.05}^{n})$ $a_{n} = (100, 000) ({1.05}^{n})$

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Table of Contents for Applying the Concepts