You are hired with a starting annual salary of $55,000. As part of your signing package, you are promised your salary will increase by 3.5% per year for the first 4 years. Write an equation for your salary for year x, where 0≤x≤4. Using the equation, find your salary in year 3, to the nearest cent. O a.) S(x)=55000(1.35)*, 0≤x≤4 S(3) $135,320.63 b.) S(x)=55000(0.965)*, 0≤x≤4 S(3) $49,424.77 c.) S(x)=55000(1.0035)*, 0≤x≤4 S(3) $55,579.52 d.) S(x)=55000(1.035)*, 0≤x≤4 S(3) $60.979.48

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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You are hired with a starting annual salary of $55,000. As part of your
signing package, you are promised your salary will increase by 3.5% per
year for the first 4 years.
Write an equation for your salary for year x, where 0≤x≤4. Using the
equation, find your salary in year 3, to the nearest cent.
O
a.) S(x)=55000(1.35)*, 0≤x≤4
S(3) $135,320.63
b.) S(x)=55000(0.965)*, 0≤x≤4
S(3) $49,424.77
c.) S(x)=55000(1.0035)*, 0≤x≤4
S(3) $55,579.52
d.) S(x)=55000(1.035)*, 0≤x≤4
S(3) $60.979.48
61°F
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Transcribed Image Text:You are hired with a starting annual salary of $55,000. As part of your signing package, you are promised your salary will increase by 3.5% per year for the first 4 years. Write an equation for your salary for year x, where 0≤x≤4. Using the equation, find your salary in year 3, to the nearest cent. O a.) S(x)=55000(1.35)*, 0≤x≤4 S(3) $135,320.63 b.) S(x)=55000(0.965)*, 0≤x≤4 S(3) $49,424.77 c.) S(x)=55000(1.0035)*, 0≤x≤4 S(3) $55,579.52 d.) S(x)=55000(1.035)*, 0≤x≤4 S(3) $60.979.48 61°F Cloudy Q Search
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