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Suppose you are hired by a company at an initial salary of $30,000. At the end of each year you receive a 3% raise, plus an addition of $1000 on your base salary. Let an equal your salary at the end of n years with the company. Find a recurrence relation for an.

  • an = (1000 + 003)an-1
  • an = 103an-1 + 1000 Correct
  • none of the given
  • an = 103(an-1 + 1000)
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OddFerret - 1 year ago
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