Linear Equations

Tom has received a new job offer!

He is told that his starting salary will be $75,000.00 per year.

He is also told that his salary will probably be $81,000.00 in four years.

We will use this data to try to anticipate his future earnings in any given year.

Assume that
y = Toms salary amount in dollars
And
x = the number of years worked

Steps

1. Use the data given to find the rate of change, or the salary increase per year. (Hint:compute slope)

We are now going to use a line to model toms salary growth

2. Use the data givin and the slope value from step 1 to write the slope-intercept form of the line.

3. Based of your equation from step 2 what will Toms salary be in ten years?