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2 years ago

Ngozi earns $24000 in salary in the first year she works as an interpreter. each year, she earns a 3.5% raise.

1 answer:

3 0

Given that the current salary for Ngozi is $24000 and she earns 3.5% raise yearly, the function that will represent her salary in t years will be:
A=P(1+r)^t
where:
A=future amount
P=principle
r=rate
t=time
thus plugging in the values we shall have:
s(t)=24000(1+3.5/100)^t
s(t)=24000(1.035)^t
thus the answer is:
s(t)=24000(1.035)^t

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Now,

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1 year ago

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