Adrian's annual income changes every year because of the following three factors: On average, his salary is 1.2 times the previous year's salary. 30% of his income is budgeted for rent. In addition to

Adrian's annual income changes every year because of the following three factors:

On average, his salary is 1.2 times the previous year's salary.

30% of his income is budgeted for rent.

In addition to his salary, Adrian's income increases by $2,300 each year as

a result of gifts from family members.

If Adrian initially has $52,000 and n denotes the number of years, which recursive equation gives Adrian's annual income as a function of the year, f(n)?

f(1) = 52,000; f(n) = 1.2 · f(n - 1) - 0.30 · f(n - 1) + 2,300; for n ≥ 2

f(1) = 52,000; f(n) = 1.2 · f(n - 1) + 0.30 · f(n - 1) + 2,300; for n ≥ 2

f(1) = 52,000; f(n) = 0.3 · f(n - 1) - 1.2 · f(n - 1) + 2,300; for n ≥ 2

f(1) = 52,000; f(n) = 0.3 · f(n - 1) + 1.2 · f(n - 1) + 2,300; for n ≥ 2