Dawn is writing a computer program to find the salaries of her employees after their annual raise. The percentage of increase is represented by p in the program. Marty's salary is $23,450 now. Write a polynomial to represent Marty's salary in one year and one to represent Marty's salary after three years. Assume that the rate of increase will be the same for the next three years.

1 answer

after one year
S = 23450(1 + p/100)

after 3 years
S = 23450(1 + p/100)^3