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General term for the geometric sequence modeling

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Company A offer 30,000 the first year. During the next four years, the salary is guaranteeed to increase by 6% per year. Company B offers 32,000 the first year, with guaranteed annual increases of 3% per year after that. Which company offers the better total salary for a five-year contract? By how much? Round to the nearest dollar.

A. Write the general term for the geometric sequence modeling the salary from Company A.

B. Write the general term for the geometric sequence modeling the salary from Company B.

C. Find the total salary from Company A over the course of the five-year contract.

D. Find the total salary from Company B over the course of the five-year contract.

E. Which company offers the better total salary for a five-year contract? By how much?

Reference no: EM131207245

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