Question

HELP ASAP PLS

The starting salary for a delivery driver is $35,000 per year with a yearly increase of 3%. Which type of function best models this situation?

A) exponential

B) linear

C) quadratic

D) radical

Answer 1

A) exponential is the right answer.

Step-by-step explanation:

The formula used for increase after same number of time is:

$A_t = A_0(1+r)^t\\Here\\A_0\ is\ the\ initial amount\\r\ is\ the\ rate\\and\\t\ is\ time$

We are given

A_0 = 35000

r = 3%

$A_t = 35000(1+0.03)^t\\A_t = 35000(1.03)^t$

The function is an exponential function is the value of t can be put equal to 1,2,3,4..... which will increase the final output exponentially

Hence,

A) exponential is the right answer.

Keywords: Functions, Exponential function

Learn more about functions at:

• brainly.com/question/10940255
• brainly.com/question/10941043

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