Answer:
In the context of the problem, $75,000 represents Carmela's initial salary.
Step-by-step explanation:
Her salary is modeled by the following function:
[tex]C_{n+1} = 1.05C_{n}[/tex]
So
At any time we have a function modeled in this following recursive format:
[tex]C_{n+1) = F(C_{n})[/tex]
We have that [tex]C_{0}[/tex] is the initial value of C.
For this problem, we have that C is Carmela's salary. So [tex]C_{0} = 75,000[/tex] is Carmela's initial salary. This means that in the context of the problem, $75,000 represents Carmela's initial salary.