Question
Lucy was just hired for her first job out of college.She is told that her starting salary will be $58,000 per year.She is also told
Lucy was just hired for her first job out of college.She is told that her starting salary will be $58,000 per year.She is also told that her salary will increase to $65,000 in 4 years.Assume that = the years worked and = Lucy's Salary in dollars. Using this information, find the following answers:
1)What is the rate of change of Lucy's salary?
Hint: Find the slope by first creating two points in the form (years, salary).
2).Create the slope-intercept form of the line that represents Lucy's salary.
Hint: Start by using your answer from (1) and find the y-intercept (AKA starting value).
3).1)Using your equation in (2), find the value of Lucy's salary in 9 years.
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