Answer:
Your salary will be $62,500.
Step-by-step explanation:
This is an arithmetic sequence with first term $45,000 and common difference $2,500.
The appropriate formula is a(n) = a(1) + (n-1)d, where a(1) is the first term, n is a counter and d is the common difference.
In this particular case, a(8) = $45,000 + (8-1)($2,500) = $62,500
Your salary will be $62,500.
A function assigns the values. Your salary after completing the 8th year within the company will be $62,500.
A function assigns the value of each element of one set to the other specific element of another set.
Given that the starting salary will be $45,000 while the salary will increase every year by $2,500. Therefore, the function that can represent the salary after (n-1) years can be written as,
y = $45,000 + $2,500(n-1)
Now, the salary after 8th year will be,
y = $45,000 + $2,500(n-1)
y = $45,000 + $2,500(8-1)
y = $62,500
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