584 views
0 votes
0 votes

A new employee at an exciting new software company starts with a salary of $\$50,000$ and is promised that at the end of each year her salary will be double her salary of the previous year, with an extra increment of $\$10,000$ for each year she has been with the company.

  1. Construct a recurrence relation for her salary for her $n^{\text{th}}$ year of employment.
  2. Solve this recurrence relation to find her salary for her $n^{\text{th}}$ year of employment.

Please log in or register to answer this question.

Related questions

0 votes
0 votes
1 answer
1