# Help with income raise problem, possible exponential problem?

• calcunoob

## Homework Equations

It's NOT 60,000 + (60,000 * .07x), I believe the answer will be an exponential equation.

## The Attempt at a Solution

60,000 + (60,000 * .07x) <--- Not the right equation. Haha

Last edited:

calcunoob said:

OK. If you earn \$60,000 in Year 1, what do you earn in Year 2? What do you earn in Year 3? Keep going.

RGV

## 1. What is an income raise problem?

An income raise problem refers to a situation where an individual's income is not increasing at the desired rate, causing financial strain and difficulty in meeting expenses.

## 2. What is an exponential problem in the context of income raise?

An exponential problem in the context of income raise refers to a situation where the income increase is not linear but instead grows at an exponential rate, making it difficult to manage and sustain in the long run.

## 3. How can I identify if I have an income raise problem?

You can identify an income raise problem by analyzing your current income and expenses. If your expenses are consistently increasing and your income is not keeping up, it could be a sign of an income raise problem.

## 4. What are the potential causes of an income raise problem?

There could be various causes of an income raise problem, such as a stagnant job market, lack of skills or qualifications for higher-paying jobs, or personal financial mismanagement.

## 5. What steps can I take to solve an income raise problem?

To solve an income raise problem, you can consider various options such as negotiating for a raise or promotion at your current job, acquiring new skills or qualifications, looking for higher-paying job opportunities, or reducing expenses to increase savings. Seeking financial advice from a professional can also be helpful in finding a solution.

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