Question: Could somebody help me with this task by explaining everything in detail? 4. Mathematics of Finance a) A teacher earns a yearly salary of 7271

Could somebody help me with this task by explaining everything in detail?

4. Mathematics of Finance a) A teacher earns a yearly salary of 7271 8 CHF in her third year and 79'006 CHF in her sixth year of experience. The yearly salary increases are constant. Find the salary in the 17th year and the total salary earned in 17 years. b) If you lend 3'500 CHF to a friend for 21 months at 8% compounded monthly, find the future value of the loan

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