Question 131603
Suppose you are offered two jobs. One pays $30,000 the first year with annual raises of $2000 each year. The second offers a starting salary of $27,000 and raises 8% each year. At the end of ten years, what would your yearly salary be from 
(a) first job?
EQUATION:
salary = 30000 + 2000x, where x is the number of years after the 1st>
s(9) = 30,000 = 2000*9 = $48,000
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(b) second job?
EQUATION:
salary = 27000*(1+0.08)^x where x is the number of years of work.
s(10) = 27000(1.08)^9 = $53,973.12
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Cheers,
Stan H.