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Sam, Julio, and Phil all began working as managers at the same time, but at different companies. They were each given a salary schedule when they began. The schedules showed the following projected salaries for the first five years of employment: • Sam: [tex][tex]$50,000; $[/tex][/tex]50,750; [tex][tex]$51,511; $[/tex][/tex]52,284; [tex][tex]$53,608
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Julio: $[/tex][/tex]50,000; [tex][tex]$52,000; $[/tex][/tex]54,000; [tex][tex]$56,000; $[/tex][/tex]58,000 Phil: [tex][tex]$50,000; $[/tex][/tex]51,500; [tex][tex]$53,100; $[/tex][/tex]54,800; $56,600 Whose salary schedule is based on an exponential model? Julio Phil Sam
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