Question: A person’s annual salary starts out at $30,000. Find a formula for the person’s salary t years later, and find the salary after 5 years and after 30 years, in each case below:

1. Each year, the person receives a $2,000 raise.
2. Each year, the person receives a 5% raise.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document