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Mathematics, 26.07.2019 12:30 mya1318
Adrian's annual income changes every year because of the following three factors: on average, his salary is 1.2 times the previous year's salary. 30% of his income is budgeted for rent. in addition to his salary, adrian's income increases by $2,300 each year as a result of gifts from family members. if adrian initially has $52,000 and n denotes the number of years, which recursive equation gives adrian's annual income as a function of the year, f(n)? f(1) = 52,000; f(n) = 1.2 · f(n - 1) - 0.30 · f(n - 1) + 2,300; for n ≥ 2 f(1) = 52,000; f(n) = 1.2 · f(n - 1) + 0.30 · f(n - 1) + 2,300; for n ≥ 2 f(1) = 52,000; f(n) = 0.3 · f(n - 1) - 1.2 · f(n - 1) + 2,300; for n ≥ 2 f(1) = 52,000; f(n) = 0.3 · f(n - 1) + 1.2 · f(n - 1) + 2,300; for n ≥ 2
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