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.Assume that y = Toms salary amount in dollarsAnd x = the number of years worked Steps 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 growth2. 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.
Anticipated Salary: Step 2
Salary amount in s
We are now going to use a
line to model Tom’s salary
growth.
The number of years worked
2. Use the data given and
the slope value from Step 1
to write the slope-intercept
form of the line.
Anticipated Salary: Step 1
Salary amount in $$
.
1. Use the data given to find
the rate of change, or the
salary increase per year.
(Hint: compute the slope.)
The number of years worked
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