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3) Seymore has just gotten a new job. On his first day, the boss gave him 2 choices for his salary. First Choice: Start at $30,000 and get a 5% raise at the end of every year to take
effect the following year. Second Choice: Start at $23,000 and get a $5000 raise at the end of each year to take effect the following year. Which choice gives the greatest salary at the
beginning of the 5th year? How much more? Round your answer to the nearest cent.
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- Choice 1: Salary after 4 years (and a raise at the start of the 5th) = $30,000(1.05)4 = $36,465.19
- Choice 2: $23,000 + $5000 x 4 = $43,000
Choice 2 is the best by $43000 - $36465.19 = $6534.81
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4) A natural number, N, is prime if it is not evenly divisible by any prime number less than √N. How many prime numbers must we test to determine whether 2011 is prime?
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Well, the √2011 = 44.844..., so we must test all the primes less than 44, which are:
2,3,5,7,11,13,17,19,23,29,31,37,41,43 = 14 primes.
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5) What is the first positive integer n for which (-4⁄3)n < -3?
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- n must be an odd integer because all even n's result in a positive value (minus times minus = plus).
- (-4⁄3)3
= -2.3702
- (-4⁄3)5
= -4.2087
- n = 5
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