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Mathematics, 21.01.2020 06:31 winterblanco

De shawn is in his fifth year of employment as a patrol officer for the metro police. his salary for his first year of employment was $47,000. each year after the first, his salary increased by 4% of his salary the previous year.

to obtain the sum of deshawn's salaries for the first five years of service, we can use f(x)=47,000(1.04)^x , where x gives the salary x years after his first year.

salary after 5 years = f(0) + f(1) + f(2) + f(3) + f(4) +f(5) = $245,567.

if deshawn continues his employment at the same rate of increase in yearly salary, for which year will the sum of his salaries first exceed $1,000,000?

(the answer should be 16, but i don't know how to get it.)

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