Question

Caleb just started a new job as a nurse. He is given astarting salary of $61,700 per year. He is also told that his .salary will increase to $76,508 at the beginning of 8 years.

Answer 1

`\begin{gathered} P1(0,61,700) \\ P2(8,76,506) \\ \text{slope}=(y2-y1)/(x2-x1)=(76,506-61,700)/(8-0)=(14,806)/(8) \\ \text{slope}=1,850.75\approx1,851\text{ }\frac{\text{ \$}}{year} \end{gathered}`