SOLUTION: Jan has been offered a job that promises a salary package represented by the function S(t)=38,000(1.055)^T where t is the number of years worked. A) what is her starting salary?

Question 77344: Jan has been offered a job that promises a salary package represented by the function S(t)=38,000(1.055)^T where t is the number of years worked.
A) what is her starting salary?
B) Evaluate S(3) and explain its meeting.
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Her starting salary will be when t=0. So evaluate S(0)

So her starting salary is $38,000
S(3) is her salary at 3 years (if t is in years)

So her starting salary at 3 years is $44,612

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