You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options: A standard raise of $1,000 per year A percent raise of 1.5% per year.
You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options:
A standard raise of $1,000 per year
A percent raise of 1.5% per year.
-Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A.
-Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A.
-Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B.
-Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B
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