**Question: **A person’s annual salary starts out at $30,000. Find a formula for the person’s salary *t* years later, and find the salary after 5 years and after 30 years, in each case below:

(a) Each year, the person receives a $2,000 raise.

(b) Each year, the person receives a 5% raise.

**Solution:**The solution consists of 98 words (1 page)

**Deliverables:**Word Document