[B] The ratios in Table B are greater than the ratios in Table A.
Step-by-step explanation:
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Answer:
Step-by-step explanation:
Answer: Amount = $143776
Step-by-step explanation:
Given that London was offered a job that paid a salary of $93,000 in its first year. The salary was set to increase by 2% per year every year.
Let P = 93000
Rate R = 2%
The amount of salary he will receive after 22 years can be calculated by using exponential equation
A = P(1 + 2%)^t
Where t = 22 years
A = 93000(1.02)^22
A = 93000 × 1.545979
A = 143776.11 dollars
