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    Group 4: Salary Computation Per Year (Rate of Increase) : 10% Every 6 Months

    Uploaded by

    Camille Saltarin
    The document discusses the salary computation for new employees of a telecommunications company over a period of 2 years. It shows that their basic salary is PHP 14,000 per month and increases by 10% every 6 months. It then calculates that after 4 periods of 6 months (2 years), their salary would be PHP 18,634 per month. It also calculates the total salary over the 2 year period as PHP 389,844 using a geometric series formula.

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    Group 4: Salary Computation Per Year (Rate of Increase) : 10% Every 6 Months

    Uploaded by

    Camille Saltarin
    242 views5 pages
    The document discusses the salary computation for new employees of a telecommunications company over a period of 2 years. It shows that their basic salary is PHP 14,000 per month and increases by 10% every 6 months. It then calculates that after 4 periods of 6 months (2 years), their salary would be PHP 18,634 per month. It also calculates the total salary over the 2 year period as PHP 389,844 using a geometric series formula.

    Original Description:

    finite geometric series

    Original Title

    geometric series( finite)

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    The document discusses the salary computation for new employees of a telecommunications company over a period of 2 years. It shows that their basic salary is PHP 14,000 per month and increases by 10% every 6 months. It then calculates that after 4 periods of 6 months (2 years), their salary would be PHP 18,634 per month. It also calculates the total salary over the 2 year period as PHP 389,844 using a geometric series formula.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    242 views5 pages

    Group 4: Salary Computation Per Year (Rate of Increase) : 10% Every 6 Months

    Uploaded by

    Camille Saltarin
    The document discusses the salary computation for new employees of a telecommunications company over a period of 2 years. It shows that their basic salary is PHP 14,000 per month and increases by 10% every 6 months. It then calculates that after 4 periods of 6 months (2 years), their salary would be PHP 18,634 per month. It also calculates the total salary over the 2 year period as PHP 389,844 using a geometric series formula.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    The document discusses the salary computation for employees who receive a 10% increase every 6 months. It provides the salary amounts for the first 4 six-month periods as well as the total salary after 2 years of employment.

    The salary is computed using a geometric sequence, where the first term is the starting salary and each subsequent term is 10% higher than the previous one.

    The total salary after 2 years (24 months) of employment is Php 389,844.

    GROUP 4

    Ten new graduates of IT are employed by the leading GOLDEN REVOLUTION


    telecommunication company in January 2019. The company offers to pay you Php 14,000 per
    month. The employment contract has a provision that after 6 months if they meet the
    requirements and performance level expected from them, they will be become regular employees
    and enjoy the perks and benefits given to regular employees. Also, after six months and every six
    succeeding months, their basic salary will be increased by 10%. So, if Php 14,000 is the basic salary
    upon employment, it is the first term, a₁. How much will the salary be for the fourth six months?
    What will be the total salary after 2 years?

    SALARY COMPUTATION PER YEAR (RATE OF INCREASE): 10% EVERY 6 MONTHS


    EVERY 6 MONTHS FIRST SECOND THIRD FOURTH
    Basic Salary (Php) Php 14,000 Php 15, 400 Php 16, 940 Php 18,634

    How to get the total increase???


     14,000 (.10) = 1,400 + 14,000= 15,400
     15,400 (.10) = 1,540 + 15,400= 16,940
     16,940 (.10) = 1, 694 + 16,940= 18,634
    APPLICATION OF GEOMETRIC SEQUENCE:
    An= a1rn-1
    n= number of months increase
    r= rate of increase
    r= 15, 400 = 1.10 An= 14,000(1.10) n-1
    14,000 Computation for fourth six months
    An= 14,000(1.10) 4-1
    An= 14,000(1.10) 3
    An= 14,000(1.331)
    An= 18, 634

    APPLICATION OF GEOMETRIC SERIES:


    MONTHS SALARY MANUAL COMPUTATION
    1st- 6th Php 14,000 Php 84,000
    7th- 12th Php 15,400 Php 92,400
    13th- 18th Php 16,940 Php 101,640
    19th- 24th Php 18,634 Php 111,804
    Total: Php 389,844
    Sn= [ a1- anr] 6 TOLENTINO, JASPER
    1-r SALTARIN, CAMILLE T.
    Sn= [ 14,000- 18,634(1.10)] 6 DEL MONTE, ALLIYAH KYLA
    1- 1.10 LASTRA, KITCHIE
    Sn= [ 14,000- 18,634(1.10)] 6 ANINION, MAGNOLIA
    1- 1.10 CURATIVO, ASMIN

    Sn= [ 14,000- 20,497.4] 6 CABRERA, JAN FERSON


    1- 1.10 MAGALLON,

    Sn= [ -6497.4] 6 BACONG, JOHN LLOYD

    - 0.1
    Sn= (64,974) 6
    Sn= 389,844
    Sana naging handa (disaster management) ako
    noong oras na dumating ka para hindi nalagay sa
    state of calamity itong pusong kong umaasang
    babalik ka pa. Kahit ilang panganib (hazard) pa
    ang aking suongin alam ko sa sarili kong ‘di na
    ko muling aasa dahil handa na ako sa peligrong
    (risk) kayang mong gawin. Kaya kapag muli kang
    pumasok sa aking area of responsibility handa na
    ako sa maaaring mangyari.
    CAMILLE T. SALTARIN

    10- GARCIA

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