Question

Nicole accepted a new job at a company with a contract guaranteeing annual raises. In the first year, Nicole's salary will be $100000 and after working for the company for 5 years, she will have a salary of $110000. Write an equation for S,S, in terms of n,n, representing Nicole's salary after working nn years for the company.

Answer 1

S=2000n+100000

Explanation:

Since Nicole will have a salary of $110000 after working 5 years for the company, we know that S = 110000 when n = 5.

Find the slope using the two points.

110000 - 100000 10000

m = ------------------------ = ---------- = 2000

5-0 2

The slope shows how much the salary increases each year, which is the same thing as saying that Nicole got a raise of $2000 every year.