Use the provided information below to identify each of Mr. Nicholson’s earning opportunities as arithmetic or geometric. For eac
h opportunity, include the common difference or ratio. In your final answer, use complete sentences to explain how you identified each opportunity as arithmetic or geometric. Mr. Nicholson accepts a job that pays an annual salary of $60,000. In his employment contract, he is given the option of choosing a) an annual raise of $3,500 or b) an annual raise of 5% of his current salary.
