# Adrian S Annual Income Changes Every Year Because Of The Following Three Factors

Adrian’s annual income changes every year because of the following three factors:
On average, his salary is 1.2 times the previous year’s salary.
30% of his income is budgeted for rent.
In addition to his salary, Adrian’s income increases by \$2,300 each year as
a result of gifts from family members.
If Adrian initially has \$52,000 and n denotes the number of years, which recursive equation gives Adrian’s annual income as a function of the year, f(n)?
f(1) = 52,000; f(n) = 1.2 · f(n – 1) – 0.30 · f(n – 1) + 2,300; for n ≥ 2
f(1) = 52,000; f(n) = 1.2 · f(n – 1) + 0.30 · f(n – 1) + 2,300; for n ≥ 2
f(1) = 52,000; f(n) = 0.3 · f(n – 1) – 1.2 · f(n – 1) + 2,300; for n ≥ 2
f(1) = 52,000; f(n) = 0.3 · f(n – 1) + 1.2 · f(n – 1) + 2,300; for n ≥ 2

“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

#### What Students Are Saying About Us

.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but splendidwritings.com proved they are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"

.......... Customer ID: 14***| Rating: ⭐⭐⭐⭐⭐
"The company has some nice prices and good content. I ordered a term paper here and got a very good one. I'll keep ordering from this website."