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1. What is the recursive function that will represent this situation? a. m (t) = m (t- 1) +0. 03, m (1) = 55000 b. m (t) = m (t- 1) + 0.03, m (1) 55000 c. m (t) = m (t- 1) + 1.03, m(1) = 55000 d. m (t) = m (t - 1) * 1.03, m (1) 55000 %3D с. %3D A O B D

1. What is the recursive function that will represent this situation? a. m (t) = m (t- 1) +0. 03, m (1) = 55000 b. m (t) = m (t- 1) + 0.03, m (1) 55000 c. m (t) = m (t- 1) + 1.03, m(1) = 55000 d. m (t) = m (t - 1) * 1.03, m (1) 55000 %3D с. %3D A O B D

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.2: Exponential Functions
Problem 71E
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Use this information to answer Questions 1 and 2. Sione just landed a great job as an engineer where he will make $55,000 a year. The company he will work for guarantees a 3% pay increase each year, so its employees' salaries keep up with inflation. At the end of the 1st year Sione will have made $55,000 dollars. 2 points 1. What is the recursive function that will represent this situation? a. m (t) = m (t- 1) + 0.03, m (1) = 55000 b. m (t) = m (t- 1) 0.03, m (1) 55000 c. m (t) = m (t - 1) + 1. 03, m(1) = 55000 d. m (t) = m (t – 1) * 1.03, m (1) 55000 A C D O O O O
Transcribed Image Text:Use this information to answer Questions 1 and 2. Sione just landed a great job as an engineer where he will make $55,000 a year. The company he will work for guarantees a 3% pay increase each year, so its employees' salaries keep up with inflation. At the end of the 1st year Sione will have made $55,000 dollars. 2 points 1. What is the recursive function that will represent this situation? a. m (t) = m (t- 1) + 0.03, m (1) = 55000 b. m (t) = m (t- 1) 0.03, m (1) 55000 c. m (t) = m (t - 1) + 1. 03, m(1) = 55000 d. m (t) = m (t – 1) * 1.03, m (1) 55000 A C D O O O O
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