Question

(67) Mr. Ellis's company earned $92500 in 2002. Then his company's earnings decreased each year for 5 years. The earnings are shown in the table below. Fill in the blanks 92,500 78,625 66,831 2002 2003 2004 2005 56,806 2006 48,285 2007 41,043 Rate: 13,875 Factor4 10,025 Exponential function: =7,242​

Answer 1

To determine the missing values in Mr. Ellis's company earnings table, we can observe the pattern of decrease. By deducting the decreases from the previous year's earnings, we can calculate the missing values for 2003, 2004, 2006, and 2007.

Step-by-step explanation:

The given table shows the earnings of Mr. Ellis's company over 5 years, with the starting amount in 2002 as $92,500. The earnings decrease each year. To determine the missing values, we can observe the pattern of decrease:

1. From 2002 to 2003, the earnings decrease by $92,500 - $78,625 = $13,875.
2. From 2003 to 2004, the earnings decrease by $78,625 - $66,831 = $11,794.
3. From 2004 to 2005, the earnings decrease by $66,831 - $56,806 = $10,025.
4. From 2005 to 2006, the earnings decrease by $56,806 - $48,285 = $8,521.
5. From 2006 to 2007, the earnings decrease by $48,285 - $41,043 = $7,242.

Using this pattern, we can fill in the missing values:
2003: $78,625 - $13,875 = $64,750
2004: $64,750 - $11,794 = $52,956
2006: $41,043 + $8,521 = $49,564
2007: $41,043 - $7,242 = $33,801