Question

The exression below represents Julia's annual salary after t years.

25,000(1.04)t
Interpret the meaning of the expression.

Answer 1

Julie's salary started at $25,000. t is the number of years since her original $25,000 salary started. Each year she gets a 4% raise. The expression gives her salary at year t.

Answer 2

b.

Explanation:

Interpret the meaning of the expression.

A.

Julia's initial salary is $4,000, and the growth rate is 25% per year.

B.

Julia's initial salary is $25,000, and the growth rate is 4% per year.

C.

Julia's initial salary is $4,000, and the growth rate is 2.5% per year.

D.

Julia's initial salary is $25,000, and the growth rate is 40% per year.