Tom has received a new job offer!
He is told that his starting salary will be $75,000.00 per year.
He is also told that his salary will probably be $83,000.00 in four years.
We will use this data to try to anticipate his future earnings in any given year.
y = Toms salary amount in dollars
x = the number of years worked
1. Use the data given to find the rate of change, or the salary increase per year. (Hint:compute slope)
We are now going to use a line to model toms salary growth
2. Use the data givin and the slope value from step 1 to write the slope-intercept form of the line.
3. Based of your equation from step 2 what will Toms salary be in ten years?
REMEMBER to type and save your assignment as Microsoft Word document.