What is Your Budget? Task 2
Directions:
You are offered a job with a starting annual salary of $50,000 and two options for
determining your annual raise:
Option 1: An annual raise of $3,000 per year.
Option 2: A 5% raise each year.
a.
Create a function that models Option 1:

Create a function that models Option 2:

The probability is 25% or tex]\frac{1}{4}[/tex]

Step-by-step explanation:

You are wearing a pair of cargo pants with six pockets.

After checking two pockets without success, pockets left are =

So, the total number of ways for your next try is 4 and the number that will be successful is 1.

Therefore, the probability that the money will be in the next pocket, will be given by = or 25%.