Question

A teacher's salary is modeled by the equation

an = 48,000(1.0325)t-1 where t represents years of
experience. How much should this teacher expect to pay in their
5th year of teaching?
A. $54,550.84
B. $56,323.75
Och$58,154.27
D. $52,833.75

Answer 1

A. $54,550.84

Explanation:

48,000(1.0325)^4

48,000(1.136475928)

54,550.84455