SOLUTION: Tommy has a salary of $29000 with a 4% increase after every year on the job. a) Write a sequence for this teacher's salary for the first 5 years of service. -Started here with

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Question 1086515: Tommy has a salary of $29000 with a 4% increase after every year on the job.
a) Write a sequence for this teacher's salary for the first 5 years of service.
-Started here with $29000, $30160 ...adding 4% of the previous year to find the next.
b) Find the general term of the sequence in part a. a_n = ??
-Having a tough time writing out general terms.

Answer by Boreal(15235)   (Show Source): You can put this solution on YOUR website!
P=29000(1+.04)^n
so that after 5 years it is 29000^(1.04)^5=$35,282.93
raise the 1.04 to whatever power desired then multiply by 29000 and round at the end.

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