Question

Your starting salary at T-Pumps is $15.00 an hour. Every year, your salary increases by 3%. Fill in the function s(t) to represent your salary after t years. (Write the parentheses, but do not write the exponent)

A) $15.00 * 1.03^t
B) $15.00 + 0.03t
C) $15.00 + 0.03^t
D) $15.00 * (1 + 0.03)^t

Answer 1

The function s(t) to represent the salary after t years is $15.00 * 1.03^t.

Step-by-step explanation:

The function s(t) to represent your salary after t years is option A) $15.00 * 1.03^t. In this function, $15.00 is the starting salary and 1.03 represents a 3% increase each year. The exponent t represents the number of years.