linear, exponential problem you are given two salary options for a new job. one is based on linear raises,  the other on exponential raises. the options are: a) linear: start at $15 per hour with raise of $1 per hour per year. b) exponential: start at $12 per hour with a 15% raise per year. write formulas (models) for each option based on y, the number of years.  sketch a carefully labeled graph of both models on same axis using axis of a 0-5-year range and $0-$20 salary range.

MATLAB: An Introduction with Applications
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linear, exponential problem

you are given two salary options for a new job. one is based on linear raises,  the other on exponential raises. the options are:

a) linear: start at $15 per hour with raise of $1 per hour per year.

b) exponential: start at $12 per hour with a 15% raise per year.

write formulas (models) for each option based on y, the number of years. 

sketch a carefully labeled graph of both models on same axis using axis of a 0-5-year range and $0-$20 salary range.

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