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Your salary in x years is modeled an the exponential growth
The equation that determines your salary in x years is y = 45000(1.05)^x
<h3>How to model the salary growth?</h3>
The model of the exponential growth is given as:
y = a(1 + r)^x
From the question, we have:
Initial salary, a = 45000
Raise, r = 5%
So, the equation becomes
y = 45000(1 + 5%)^x
Evaluate the sum
y = 45000(1.05)^x
Hence, the equation that determines your salary in x years is y = 45000(1.05)^x
Read more about exponential functions at:
brainly.com/question/11464095
Answer:
36%
Step-by-step explanation:
9/25
multiply each by 4 to get 36/100
as a percent it would be 36%
Answer:
The minimum would be 4,500, and the maximum would be 4,700.
Step-by-step explanation:
If I am not mistaken, you simply need to add or subtract 100 to find the minimum or maximum, as it stated that 4,600 is an estimate that is valid for a range of 100 (up or down).
