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You have only 30 minutes to make your and sign your employee contract. To help make your decision, you decide to calculate what your salary would be each year for the next 15 years. decision of which raise option to choose Part I: Calculations A. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A. B. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A. c. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B. D. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B. E. Using your explicit formulas, fill in the table below to show what your salary would be each year at your new job. Round to the nearest whole dollar. 123 Option A: Salary with $1000 raise every year. Option B: Salary with 1.5% raise every year Year

You have only 30 minutes to make your and sign your employee contract. To help make your decision, you decide to calculate what your salary would be each year for the next 15 years. decision of which raise option to choose Part I: Calculations A. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A. B. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A. c. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B. D. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B. E. Using your explicit formulas, fill in the table below to show what your salary would be each year at your new job. Round to the nearest whole dollar. 123 Option A: Salary with $1000 raise every year. Option B: Salary with 1.5% raise every year Year

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section: Chapter Questions
Problem 5P
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You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options:

 

A  standard raise of $1,000 per year

A percent raise of 1.5% per year. 

 

-Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A. 

-Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A. 

 

 

 

 

-Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B.

-Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B

sequences AND SERIES DREAM JOB PROJECT Situation: You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options: A. A standard raise of $1,000 per year B. A percent raise of1.5% per year. You have only 30 minutes to make your and sign your employee contract. To help make your decision, you decide to calculate what your salary would be each year for the next 15 years. decision of which raise option to choose Part I: Calculations A. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A. B. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A. c. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B. D. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B. E. Using your explicit formulas, fill in the table below to show what your salary would be each year at your new job. Round to the nearest whole dollar. 123 Option B: Salary with 1.5% raise every year Year Option A: Salary with $1000 raise every year.
Transcribed Image Text:sequences AND SERIES DREAM JOB PROJECT Situation: You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options: A. A standard raise of $1,000 per year B. A percent raise of1.5% per year. You have only 30 minutes to make your and sign your employee contract. To help make your decision, you decide to calculate what your salary would be each year for the next 15 years. decision of which raise option to choose Part I: Calculations A. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A. B. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A. c. Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B. D. Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B. E. Using your explicit formulas, fill in the table below to show what your salary would be each year at your new job. Round to the nearest whole dollar. 123 Option B: Salary with 1.5% raise every year Year Option A: Salary with $1000 raise every year.
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