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mary’s yearly income year | income 2004 | $17,500 2005 | $21,000 2006 |…

Question

mary’s yearly income
year | income
2004 | $17,500
2005 | $21,000
2006 | $24,500
2007 | $28,000
2008 | ?
if her income follows this pattern, what can mary expect to earn in 2008?
a. $31,000
b. $31,500
c. $32,500
d. $35,000
e. $52,500

Explanation:

Step1: Find the pattern in income increase

Calculate the difference between consecutive incomes:

  • \( 21000 - 17500 = 3500 \)
  • \( 24500 - 21000 = 3500 \)
  • \( 28000 - 24500 = 3500 \)

So, the income increases by $3500 each year.

Step2: Calculate 2008 income

Add the increase to 2007's income:
\( 28000 + 3500 = 31500 \)

Answer:

B. $31,500