Jeffrey And Karen Completed Their Undergraduate Degrees In Engineering In May 20
1. Jeffrey and Karen completed their undergraduate degrees in engineering in May, 2005. Jeffrey accepted a job in a government laboratory and Karen accepted a job at a software development company. Jeffrey’s salary is represented by the function D(t) = 66,500(1.090)t , while Karen’s salary is represented by the function A(t) = 74,500(1.075)t
a. In what year will Jeffrey and Karen earn the same salary? You must show all steps, including setting up the equation and using logarithms to solve.
b. What will their equal salaries be (rounded to the nearest dollar)?