After college he starts a job earning 38000 a year. You get a 5% raise each year.

Question

A.) Write the first 3 terms of the sequence .

B.) How much will you earn over a 40 year period?

Answer 1

I will answer part A) only in this space.

 

The first term is 38000.

The second term is 38000 (1.05) = 39900.

The third term is 39900 (1.05) = 41895.