SOLUTION: Erica is considering job offers from two companies. Company A offered her a starting salary of $53,000 with a $2100 raise at the end of each year. Company B offered her a starting

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Question 1123920: Erica is considering job offers from two companies. Company A offered her a starting salary of $53,000 with a $2100 raise at the end of each year. Company B offered her a starting salary of $53,000 with a 3.2% raise at the end of each year.
Let f(t) represent Erica's salary at Company A t years after accepting a position at Company A, and let g(t) represent Erica's salary at Company B t years after accepting a position at Company B.
a. Write the function formula for f.
b. Write the function formula for g.
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
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a.  f(t) = 53000 + (t-1)*2100  dollars.

    Arithmetic progression.



b.  f(t) = 53000*1.032^t   dollars

    Geometric progression.