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14 October, 11:59

The expression below represents Julias annual salary after tyears interpret the meaning of the expression 25,000 (1.04) interpret the meaning of the expression

A julia initial salary is 4,000 and growth is 2.5 %per yr

B salary is 25,000 growth 40% per yr

C salary is 4,000 growth is 4% per yr

D salary is 25,000 growth rate is 4% per yr

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  1. 14 October, 14:09
    0
    Given that the expression for Julia's salary after t years is given by:

    25000 (1.04) ^t

    This can be interpreted as follows:

    Initial salary is $25000

    growth rate is 0.04=4%

    thus the correct answer is:

    D salary is 25,000 growth rate is 4% per yr
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