The starting salary of a starting teacher is $40,000, which will increase by 2% each year.

Which of the following is the function that models the teacher salary scenario?

The answer choices are in the picture.


The starting salary of a starting teacher is 40000 which will increase by 2 each year Which of the following is the function that models the teacher salary scen class=

Respuesta :

Answer:

The first choice is the correct one.

Step-by-step explanation:

The first choice is the correct one.  It starts with the base salary and then is multiplied by (1 + 0.02)^t, which is the correct formula for compounding once per year.