The function that models Mason's yearly income is 42,500(1 + 0.035)^x.
Mason's income after 5 years would be $48,084.85.
<h3>What would be Mason's income after 5 years?</h3>
The function that models Mason's income is an exponential function that has the form:
p(1 + r)^x
Where:
- r = percentage increase
- x = number of years
- p = present income
42,500(1 + 0.035)^x
Income after 5 years: 42,500(1 + 0.025)^5 = $48,084.85
To learn more about exponential functions, please check: brainly.com/question/26331578
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