# maths

posted by .

Every year a man is paid Rs 500more than the previous year. If he receives Rs 17800 over four years, what was he paid on the first year

• maths -

Let X = first year payment
X + (X+500) + (X+2*500) + (X+3*500) = 17800
4X + 3000 = 17800
4X = 14800
X = 3700

• maths -

is there easier way to do for 10 years

## Similar Questions

1. ### math

Say i have a mortgage of 200,000. One bank offers 5.oo%. The other offers 5.23% How do i calculate the interest paid over say 5 yrs. thanks You haven't given us enough information to calculate the interest. You need to know how much …
2. ### math

a life insurance agent is to be paid a commission according to the following scheme : 1000\$ in year 1, half the year 1 amount in year 2, half the year 2 amount in year 3, etc. what is the total of the all amounts received by the agent …
3. ### Financial Accounting

Wings Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative 1%, preferred stock of \$40 par, and 50,000 shares of \$120 par common. During its first four years of operations, the following amounts …
4. ### Accounting 212

Wings Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative 1%, preferred stock of \$40 par, and 50,000 shares of \$120 par common. During its first four years of operations, the following amounts …

Wallace Inc., a developer of radiology equipment, has stock outstanding as follows: 30,000 shares of cumulative preferred 2% stock, \$90 par and 125,000 shares of \$10 par common. During its first four years of operations, the following …
6. ### accounting

Wallace Inc., a developer of radiology equipment, has stock outstanding as follows: 30,000 shares of cumulative preferred 2% stock, \$90 par and 125,000 shares of \$10 par common. During its first four years of operations, the following …
7. ### Kennedy king finance

10. Compute the present value of \$3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2, 5 percent in year 3, and 6 percent in year 4.
8. ### Finance

10. Compute the present value of \$3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2, 5 percent in year 3, and 6 percent in year 4.
9. ### Urgent math

A couple needs a mortgage of \$300,000. Their mortgage broker presents them with two options: a 30-year mortgage at 8 1/2% interest or a 15-year mortgage at 7 3/4% interest. (Round your answers to the nearest cent.) (a) Find the monthly …
10. ### accounting I

stock outstanding as follows: 15,000 shares of cumulative 4%, preferred stock of \$20 par, and 19,000 shares of \$100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, …

More Similar Questions