Question

106. Luxury taxes: In professional baseball, the luxury tax is a tax on the amount a team's total payroll exceeds a set threshold established by the league. The tax is intended to prevent teams in larger and more profitable markets from dominating the sport by attracting a majority of the most talented (and hence highest paid) players. In 2004, this threshold was set at $120.5 million dollars. By 2009 the threshold had been raised to $162 million.

Answer 1

I understood the question

but what should I find

(Should I find the equation model for the yearly increase of the payroll threshold / what will be the threshold in the year xxxx)

if you can give me more information in the comments I can surely edit the answer