The management of a company is negotiating with a union
Chapter 8, Problem 8.1.22(choose chapter or problem)
The management of a company is negotiating with a union over salary increases for the companys employees for the next 5 years. One plan under consideration gives each worker a raise of $1500 per year. The company currently employs 1025 workers and pays them an average salary of $30,000 a year. It also plans to increase its workforce by 20 workers a year. a. Construct a function C(t) that models the projected cost of this plan (in dollars) as a function of time t (in years). b. What will the annual cost be in 5 years?
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