SOLUTION: Your new job guarantees you an eight percent raise for each year with the company. If your initial salary is $42,200, write an equation to model your salary after t years.
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Question 999655: Your new job guarantees you an eight percent raise for each year with the company. If your initial salary is $42,200, write an equation to model your salary after t years.
You can put this solution on YOUR website! Call your salary in t years, S(t).
Since your salary goes up 8% each year, it becomes 1.08 more each year.
Thus
