Final answer:
The equation that represents Giovanna's current situation is Current Salary = $42,840.
Step-by-step explanation:
The equation that represents Giovanna's current situation can be determined by using the formula for calculating annual salary with a percentage increase.
The formula is:
Current Salary = Initial Salary + (Percentage Increase * Initial Salary)
Using this formula, we can substitute the given values:
Initial Salary = $42,000
Percentage Increase = 2% (or 0.02)
Substituting these values into the formula:
Current Salary = $42,000 + (0.02 * $42,000)
Simplifying the equation:
Current Salary = $42,000 + $840
Current Salary = $42,840
Therefore, the equation that represents Giovanna's current situation is:
Current Salary = $42,840