SOLUTION: Sophia was just hired at a local business. She is given a starting salary of $52,500 per year. She is also told that her salary will increase to $55,675 in 5 years. Assume that

Algebra ->  Equations -> SOLUTION: Sophia was just hired at a local business. She is given a starting salary of $52,500 per year. She is also told that her salary will increase to $55,675 in 5 years. Assume that       Log On


   

Question 1139074: Sophia was just hired at a local business. She is given a starting salary of $52,500 per year. She is also told that her salary will increase to $55,675 in 5 years. Assume that x = the years worked and y = Salary in dollars
1) What is the rate of change of Sophia’s salary?
2) Create the slope-intercept equation of the line that represents Sophia’s salary.
3) Using your equation in (2), find the value of Sophia’s salary in 17 years.
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
points (x,y) are (0, 52500) and (5, 55675).

y=%28%2855675-52500%29%2F%285%29%29x%2B52500, simplify this.