You are offered two jobs starting July 1, 2013. Humongous Enterprises offers you $45,000 a year to

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You are offered two jobs starting July 1, 2013. Humongous Enterprises offers you $45,000 a year to start, with a raise of 4% every July 1. At Crabapple Inc. you start at $30,000, with an annual increase of 6% every July 1. On July 1 of what year would the job at Crabapple Inc. pay more than the job at Humongous Enterprises? Use the algebra of logarithms to solve this problem, and support your answer by using a graphing calculator to see where the two salary functions intersect.

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Calculus With Applications

ISBN: 9780321831101

10th Edition

Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey

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