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August 20, 2014

Homework Help: Advanced Functions

Posted by please help! on Sunday, December 13, 2009 at 10:26pm.

Rena has been offered entry-level positions with two firms.
Firm A offers a starting salary of $40 000 per year, with a $2000 per year increase guaranteed each subsequent year.
Firm B offers a starting salary of $38 500, with a 5% increase every year after that.

a)After how many years will Rena earn the same amount at each firm?
b) At which firm will Rena earn more after
i) 10 years ii) 20 years

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