Billy earns $25,000 the first year at his new job and gets a 5% raise each year. Graph the sequence, and describe its pattern. How much will he earn per year after 5 years? 10 years?

Question

anonymous · Answer

I can't graph here, but I'll give you the points.

First, you know that 5% is 0.05.

5 years:
25000*1.05*5
=$131,250

10 years:
25000*1.05*10
=$262,500

The pattern should be a line going upwards towards the right.
Something like this:
|dw:1428500143761:dw|