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The starting salary of a starting teacher is $40,000, which will increase by 2% each year. Which of the following is the function that models the teacher salary scenario? The answer choices are in the
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The starting salary of a starting teacher is $40,000, which will increase by 2% each year.

Which of the following is the function that models the teacher salary scenario?

The answer choices are in the picture.

The starting salary of a starting teacher is $40,000, which will increase by 2% each-example-1
User Jack Yu
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1 Answer

3 votes

Answer:

The first choice is the correct one.

Explanation:

The first choice is the correct one. It starts with the base salary and then is multiplied by (1 + 0.02)^t, which is the correct formula for compounding once per year.

User TheZeke
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