#CS-6201
Awesome StudentQuestion • Discrete Structures 2
Suppose you are hired by a company at an initial salary of $30,000. At the end of each year you receive a 3% raise, plus an addition of $1000 on your base salary. Let an equal your salary at the end of n years with the company. Find a recurrence relation for an.
Answer
an = 103an-1 + 1000