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22. An employee joined a company in 2009 with a starting salary of $50,000. Every year this employee receives a raise of $1000 plus 5%
22. An employee joined a company in 2009 with a starting salary of $50,000. Every year this employee receives a raise of $1000 plus 5% of the salary of the previous year. a) Set up a recurrence relation for the salary of this em- ployee n years after 2009 b) What will the salary of this employee be in 2017? c) Find an explicit formula for the salary of this em ployee n years after 2009
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