Module 02 AssignmentModule 02 AssignmentAnticipated SalaryAnticipated SalaryTom has received a new...

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Module 02 AssignmentModule 02 AssignmentAnticipated SalaryAnticipated SalaryTom has received a new job offer!He is told that his starting salary will be $62,000 per year.He is also told that his salary will probably be $69,200 per year in six years.Anticipated SalaryWe will use this data to be able to predict Tom’s future salary in any given year by:Calculating the rate of change of his salaryCreating a Slope-Intercept equation to model his salaryFinding his anticipated salary after 10 yearsAnticipated SalaryPart 1: Calculate the rate of change of Tom’s salary.Use  to represent the number of years on the joUse  to represent Tom’s salary in dollarsUse the slope formula to calculate the rate of change in salary, including units of measurementSlope FormulaAnticipated SalaryPart 2: Find the Slope-Intercept equation to model Tom’s salary over time.Determine the -intercept.Explain how the slope and -intercept were found.Write the Slope-Intercept for of the equation.Slope-Intercept EquationAnticipated SalaryPart 3: Find Tom’s salary after 10 years on the job.Use the equation from Part 2 to find the salary after 12 years.Anticipated SalaryThe assignment must be submitted as a Microsoft Word document.Interpret all answers in the context of the problem.Use the Equation Editor feature of Word to format all steps work shown.Show all work and explain all steps.

Himanshu · Accepted Answer

1. It is mentioned that Tom’s initial salary is 62000 dollars. 
At t= 0 salary is 62,000.   
(0,62000)
After 6 years the salary is going to be 69,200.
At t=6 salary is 69,200.
(6,69200)
m=1200
Therefore, Rate of change of salary is 1200 dollars per year.
2. 
	
where:

Module 02 Assignment Module 02 Assignment Anticipated Salary Anticipated Salary Tom has received a new job offer! He is told that his starting salary will be $62,000 per year. He is also told that his...

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