For this case we have a function of the form:
[tex] y = A * (b) ^ x
[/tex]
Where,
A: starting salary
b: salary growth rate
x: number of years
y: salary after x years.
Substituting values we have:
[tex] 100000 = A * (1.04) ^ {10}
[/tex]
From here, we clear the value of A.
We have then:
[tex] A=\frac{100000}{1.04^{10}} [/tex]
[tex] A=67556.42
[/tex]
Answer:
the lowest salary that i should request in order to meet my goal is:
A=67556.42
