Question

Look at the student solution shown. What was done correctly? What was done incorrectly? Explain and identify the correct answer.

Answer 1

Answer:

What he did right was doing the first part correctly, wher it;s 46000x1.05, which is 48300. But then the student thought that every year, Carlos' salary will increase by 48300, and after 3 years it got to 144900, which is nuts. The real thing is to do 46000 x 1.15, because on the 3rd year, your salary will be 115% of your salary, if that makes sense, you do 5x3 = 15, then you add 15% to 100 which is 115 % =1.15. then you do 46000x1.15= 55545$

hope that answers your question

comment if your confused about something.

Step-by-step explanation:

Answer 2

Answer:

The student correctly used a rate of r = 1.05 to find the new salary, not just the amount of the increase.

The student incorrectly multiplied by 3 instead of raising r to the third power.

The correct answer is $50,715.

Step-by-step explanation: