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The average annual salary of the employees of a company in the year 2005 was $70 thousand. It increased by the same factor each year and in 2006, the average annual salary was $82 thousand. Let f(x) represent the average annual salary, in thousand dollars, after x years since 2005. Which of the following best represents the relationship between x and f(x)?
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@Hero
let r be the factor f(start + n years) = f(0) f^n f(2006)/f(2005) = r = 82000/70000
ok go on... @douglaswinslowcooper
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f(x) = 70(1.17)x f(x) = 82(1.17)x f(x) = 70(2.2)x f(x) = 82(2.2)x
@douglaswinslowcooper
r = 82/70 = 1.17 f(x) = 70(1.17)^x would be the relationship
i think its a
thanks!
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