Question

Laurent’s new job grants him 100 stock options each year. Every year, he is given 20 more than the year before. How many stock options will Laurent have after 8 years on the job? F 960 H 1360 G 980 J 1520

Answer 1

By using the formula for the sum of an arithmetic sequence, it is calculated that Laurent will have a total of 1360 stock options after 8 years on the job.

Step-by-step explanation:

To calculate how many stock options Laurent will have after 8 years on the job, we can use the formula for the sum of an arithmetic sequence. The arithmetic sequence starts with 100 stock options and increases by 20 each year. The formula for the sum of the first n terms of an arithmetic sequence is given by:

Sn = n/2 (2a + (n - 1)d)

Where

For Laurent's stock option

Plugging these values into the formula gives u

Therefore, Laurent will have 1360 stock options after 8 years on the job.

For Laurent's stock options