Write a real world situation for the function f (x) = 3 (1.06x) + 2. Be sure to identify all key features of the function as what they represent in your situation.

Paul's salary is increased by 6% and John's salary is 2 more than thrice Paul's salary.

Paul's salary is increased by 6% and John's salary is 2 more than thrice Paul's salary.

Step-by-step explanation:

Paul and John are working in a Company and this month Paul's salary is increased by 6%. John's salary is 2 more than thrice Paul's salary.

If x represents Paul's salary before increment, and y represents John's current salary, find Paul's current salary.

x is Paul's salary before increment.

So, Paul's current salary = x + 6% of x

= x + 0.06x

= 1.06x

John's current salary is 2 more than thrice Paul's salary.

So, John's current salary = 3 (1.06x) + 2.