129k views
3 votes
Martha currently earns $32,500 each year. She has been

Martha currently earns $32,500 each year. She has been-example-1
User Dundee MT
by
5.8k points

1 Answer

3 votes

Answer:

B

Explanation:

2% of 32500 is 650 (1.02 x 32500) wich is 100 less than option 1. However this is an exponential growth

Year 1

option 1 33250

option 2 33150

Year 2

option 1 34000

option 2 39780

This is because option two is 1.02 times last year salary, but option 1 is 750 + last salary.

User Zoe
by
6.6k points