Question

Assume that this year, n = 1, the average annual salary for women in the United States is $25,000 and that it is increasing by 5% per year, meaning that each year the salary is 1.05 times what it was the previous year.



Assume that the average annual salary for men is $30,000 and that it is increasing by $2,000 per year.

How would I calculate the first couple of terms in each sequence for men and women???