Question

Luke just accepted a job at a new company where he will make an annual salary of $58000. Luke was told that for each year he stays with the company, he will be given a salary raise of $2000. How much would Luke make as a salary after 9 years working for the company? What would be his salary after tt years?

Answer 1

1. $76,000

2. $58,000 + $2,000 * t

Explanation:

2. Now, you might be questioning why we are going with the second question first, but this will be useful as it sets up our equation to make the first question easier. So, we will start with Luke's base salary of $58,000. Then, we will add $2,000 for every year he works at the company. If he works for t years and gains $2,000 on his salary per year, our equation will look like this:

$58,000 + $2,000 * t

That is the equation.

1. Now, using our previous equation, $58,000 + $2,000 * t, we will substitute 9 in for t. We get:

$58,000 + $2,000 * 9

Then, we simplify, giving us:

$58,000 + $18,000 = $76,000