You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options: A standard...

You have just successfully interviewed for your dream job. They are offering you a salary of $65,000 for your first year. You are then asked to choose between two yearly raise options:

A standard raise of $1,000 per year

A percent raise of 1.5% per year.

-Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option A.

-Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option A.

-Using subscript notation, create an explicit formula to calculate your yearly salary if you choose option B.

-Using subscript notation, create a recursive formula to calculate your yearly salary if you choose option B