Asked by Munna
a company gives its employees a 4% raise at the beginning of every year.This year Jordan earns 32000. Write a rule to find Jordan's salary after n years. please help me with this one...
Answers
Answered by
Chloe
let the beginning of year 1 = B1 (the first year after she earned 32000)
B1 = 32000 x 1.04
B2 = (32000 x 1.04) x 1.04
= 32000 x 1.04^2
B3 = (32000 x 1.04^2) x 1.04
= 32000 x 1.04^3
Bn = 32000 x 1.04^n
B1 = 32000 x 1.04
B2 = (32000 x 1.04) x 1.04
= 32000 x 1.04^2
B3 = (32000 x 1.04^2) x 1.04
= 32000 x 1.04^3
Bn = 32000 x 1.04^n
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