1) To investigate how exponential patterns / relationships work, consider a new employee who is promised a starting salary of $44,000 per year with a 3% raise at the end of each year for the first five years. Note the raise will be added to the previous
year's salary each time (in other words, the raise each year is NOT 51320 every time!).
a. Complete the chart to find the salary at the end of the 5 year period.
2
3
4
5
YEAR
SALARY
0
$44,000