Dwight has a new job that guarantees a six percent raise for each year with the company. his initial salary is $52,000 per year. which equation models dwight's salary after t years?
a) y = 52,.06t
b) y = 52,0001.06t
c) y = 52,000(0.06)t
d) y = 52,000(1.06)t

Dwight's salary after t year is represented by

Given that  

Dwight has a new job that guarantees a six percent raise for each year with the company.

His initial salary is $52,000 per year.

Need to determine equation which models Dwight's salary after t years

Dwight's initial salary = $52,000 per year.

As job guarantees a six percent raise for each year

Dwight's salary after 1 year = 52000 + 6% of 52000 = 52000 + 0.06 x 52000 = 52000 (1.06)

Dwight's salary after 2 year = (52000 x 1.06) + 6 % of (52000 x 1.06)  

Hence Dwight's salary after t year is represented by =

b