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lapo4ka [179]
3 years ago
14

Sione just landed a great job as an engineer where he will make $55,000 a year. The company he will work for guarantees a 3% pay

increase each year so it's employees' salaries keep up with inflation. At the end of the 1st year Sione will have made $55,000 dollars. What is the recursive function that will represent this situation?​
Mathematics
1 answer:
Fittoniya [83]3 years ago
6 0

Answer:

  • s(x) = 55000*1.03^x

Step-by-step explanation:

<u>First year salary</u>

  • $55000

<u>Annual pay rise</u>

  • 3% ⇔ 1.03 times

<u>Functional relationship</u>

<em>It is going to be an exponential function as every year salary will increase 1.03 times</em>

  • s(x) = 55000*1.03^x, where s- salary and x- number of employment years
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