Question: Mr. Adrian's 30-year annual basic income is given by the formula: y = 130.000 + 20,000 (x-1980).Where x is the year and y is the

Mr. Adrian's 30-year annual basic income is given by the formula: y = 130.000 + 20,000 (x-1980).Where x is the year and y is the basic income. He started working in 1981 and retired in 2010.

How much is his retirement pay after 30 years of service in the company?

Step by Step Solution

★★★★★

3.51 Rating (144 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To calculate Mr Adrians retirement pay after 30 years of service in the compa... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

You are in charge of the audit of Hipp Supply Company for the year ended December 31. In prior years, your firm observed the inventory and tested compilation and pricing. Various misstatements were...

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Nile Products is a conglomerate with subsidiaries in extractive oil and gas, consumer products, banking and insurance. The company was organized in 1902 and began operations as a mining company. It...

Nestle Global: looks for ways to boost stale growth as consumers snub unhealthy food Large food companies have long been among the world's most solid, with reassuringly consistent returns even in...

Question 1 (a) Makambanawe George is a medical doctor currently employed by Muhenda Hospital, a privately owned hospital located in Fort Portal Kabarole district, as a medical officer. The...

NEED THIS ASAP PLEASE AND THANK YOU IN ADVANCE. HAVE A NICE DAY! The Battle for Value, 2004: FedEx Corp. vs. United Parcel Service, Inc. FedEx will produce superior financial returns for shareoners...

I need someone that is very good at Principles of accounting and finance to answer the attached questions. It is not a one-day job therefore if you do not have the time, please don't attempt it. The...

Please show your work. A B C D E F G H J K L M N o F 1 Q1: 2 An important task in performing business valuations is normalizing the historical financial statements. (a). Using the information...

Hello. Can you help with this four question problem? Case PRIVATE EQUITY CASE: MERGER CONSOLIDATION The questions below COMBINE the Ohio & Maryland PT acquisitions as if they are a single c Learning...

P2 Explore and explain the implications of taxation liabilities for unincorporated organisations Task Summary Mr. Frank is a Customer relationship Manager with Apex bank. The employment details of...

Which of the following technology best characterizes the way Microsoft Operates? (a) Crafts work, (b) Engineering production, or (c) Intensive technology?

For the Martin Corporation, the relationship between profit and output is the following: a. What is the marginal profit when output is between 5 and 6 units per day? When output is between 9 and 10...

Romentagicalisate Alote farial Anspos Manyer L yps Nre Guse nerstiar thal matale lape Mase mented Ines Mepariling Flules loves NEXT LESSON Banking = Level 2 QuickBooks Online Certification Level 2 :...

The paper Debt Literacy, Financial Experiences and Over-Indebtedness (Social Science Research Network, Working paper W14808, 2008) included analysis of data from a national sample of 1000 Americans....

The 2016 and 2015 comparative balance sheets and 2016 income statement of Lombardi Supply Corp. follow: Lombardi Supply had no noncash investing and financing transactions during 2016. During the...

Locke gave a promissory note to Consumer Foods, Inc. The note read, in part, Buyer agrees to pay to Seller. Consumer Foods assigned the note to Aetna Acceptance Corporation. When the note wasnt paid...

Dr. George Allard and his brother-in-law, Tom Rowland, did not get along after family land that was once used solely by Rowland was partitioned among family members after the death of Rowlands...

The 2016 and 2015 comparative balance sheets and 2016 income statement of King Supply Corp. follow: King Supply had no noncash investing and financing transactions during 2016. During the year, there...

Provide a detailed description of the major activities found at each stage of the project life cycle

You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a consultant's report on your desk, and...

Do portfolios or the stocks in the portfolios tend to have the lower volatility?

How do you calculate the cash flow of an annuity?

Does your IQ depend on the size of your brain? A group of female college students took a test that measured their verbal IQs and also underwent an MRI scan to measure the size of their brains (in...

Further analysis of the data for the breakfast cereals in Exercise 41 looked for associations between Fiber content and Calories by attempting to construct a linear model. Here are several graphs....

A business analyst was interested in the relationship between a company's sales and its profits. She collected data (in millions of dollars) from a random sample of Fortune 500 companies and created...