Answer:
$37,822
Step-by-step explanation:
S(n) = 26000(1.055)^(n-1)
S(8) = 26000(1.055)^7 ≈ $37822
The Carla's salary, to the nearest dollar, in the 8th year is $37,822 option third is correct.
It is defined as the systematic way of representing the data that follows a certain rule of arithmetic.
We have:
Carla takes a job with a starting salary of $26,000 for the first year, with an annual increase of 5.5% beginning in the second year.
The nth term can be written as:
a(n) = $26,000(1+0.055)ⁿ⁻¹
Plug n = 8th
a(8) = $26,000(1+0.055)⁸⁻¹
a(8) = 37821.65 ≈ $37,822
Thus, the Carla's salary, to the nearest dollar, in the 8th year is $37,822 option third is correct.
Learn more about the sequence here:
brainly.com/question/21961097
#SPJ2
