The expression below represents Julias annual salary after tyears interpret the meaning of the expression 25,000(1.04) interpret
the meaning of the expression A julia initial salary is 4,000 and growth is 2.5 %per yr
B salary is 25,000 growth 40% per yr
C salary is 4,000 growth is 4% per yr
D salary is 25,000 growth rate is 4% per yr
Given that the expression for Julia's salary after t years is given by: 25000(1.04)^t This can be interpreted as follows: Initial salary is $25000 growth rate is 0.04=4% thus the correct answer is: <span>D salary is 25,000 growth rate is 4% per yr</span>
