Mathematics, 26.01.2020 23:31 nyny980
The equation s = p( 1+r )^2 can be used to model a person’s future income. s = future salary, p = current salary, r = rate of increase(% in decimal form), and t = time in years. bob’s salary increases by 5% each year. if he starts at $35,000 per year, what will his salary be in 5 years?
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