Mason's annual income is $42,500. He receives an increase of 3.5% every year

Mathematics

1 answer:

Marysya12 [62]2 years ago

7 0

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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notsponge [240]

x = time in minutes

y = distance remaining

Steve starts at home when the time is x = 0 minutes. The y value y = 40 pairs up with this x value. This is shown by the point (0,40) on the diagonal line, aka the y intercept. The y intercept is where the line crosses the y axis.

The y = 40 indicates that Steve has 40 miles remaining when he starts at home. In other words, the distance from home to work is 40 miles.

The x intercept is where the diagonal line crosses or touches the x axis. The x intercept is (45,0) which represents the idea that 45 minutes have passed by. The y = 0 means that he has 0 miles left go to. Steve has reached the office at this point.

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Answers:

Steve's office is located 40 miles from home

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Step-by-step explanation:

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