Ngozi earns $24000 in salary in the first year she works as an interpreter. each year, she earns a 3.5% raise.

write a function that ngozi's salary s (t) in dollars, t years after she starts to work as an interpreter

Question

Malaki Keith

Mathematics

27 March, 09:02

Ngozi earns $24000 in salary in the first year she works as an interpreter. each year, she earns a 3.5% raise.

write a function that ngozi's salary s (t) in dollars, t years after she starts to work as an interpreter

+5

Answers (1)

Know the Answer?

Derick Hughes · Answer 1

Given that the current salary for Ngozi is $24000 and she earns 3.5% raise yearly, the function that will represent her salary in t years will be:

A=P (1+r) ^t

where:

A=future amount

P=principle

r=rate

t=time

thus plugging in the values we shall have:

s (t) = 24000 (1+3.5/100) ^t

s (t) = 24000 (1.035) ^t

thus the answer is:

s (t) = 24000 (1.035) ^t

Ngozi earns $24000 in salary in the first year she works as an interpreter. each year, she earns a 3.5% raise.write a function that ngozi's salary s (t) in dollars, t years after she starts to work as an interpreter

Ngozi earns $24000 in salary in the first year she works as an interpreter. each year, she earns a 3.5% raise.

write a function that ngozi's salary s (t) in dollars, t years after she starts to work as an interpreter