An employee joined a company in 2009 with a starting salary of $50.000. Every year this employee receives a raise of $1000 plus 5% of the salary of the previous year.a) Set up a recurrence relation for the salary of this employee n years after 2009.________________b) What will the salary of this employee be in 2017?________________c) Find an explicit formula for the salary of this employee n years after 2009.

SOLUTIONStep 1In this question,it is given that an employee joined in 2009 with a starting salary of $50.000,gets an increment of $1000 plus 5% of the salary of the previous year.We are asked to find the following cases.