8. The starting salary at Phil A. O'Phish Shack is $38,000 per year. The company automatically gives you a raise of 3.5% annually. Write the formula that models this situation and determine your salary in 5 years.
A ftx) = 38,000(1.35) $170,393.27
B. f(x) = 38,000(1.35)x. $256,500
C. f(x) = 38,000(1.035)*. $45,132.08
D. f(x) = 0.965(38,000)x $183,350