Iwant to be earning an annual salary of $100,000 when i retire in 10 years. i have been offered a job that guarantees an annual salary increase of 4% per year, and the starting salary is negotiable. what is the lowest salary that i should request in order to meet my goal? (round your answer to the nearest cent.)

For this case we have a function of the form:

Where,

A: starting salary

b: salary growth rate

x: number of years

y: salary after x years.

Substituting values we have:

From here, we clear the value of A.

We have then:

the lowest salary that i should request in order to meet my goal is:

A=67556.42

1,918

step-by-step explanation:

b. y = 4x - 2

step-by-step explanation:

to find a parallel equation to an equation, make sure both equations have the same slope but different y-intercepts.

y = 4x + 1

4 = slope

1 = y-intercept

y = 4x - 2

4 = slope

-2 = y-intercept

they both have the same slope but different y-intercepts, so, b. is the correct answer.

and to check your work, you can graph both equations. : )