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A man earns a base salary of 2000$ and every year he got araise of 7% on his total income.huv much total income would he get by end of 4 years

User Rightstuff
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Answer:

his total income by the end of 4 years will be: $2622.

Explanation:

A man earns a base salary of $2000, and every year he got a raise of 7% on his total income.

The first year, he will earn: 1.07($2000) = $2140

The second year he will earn: 1.07($2140) = $2289.8

The third year he will earn: 1.07($2289.8) = $2450.086

The fourth year he will earn: 1.07($2450.086) = $2621.59202

Therefore, his total income by the end of 4 years will be: $2622.

User Schnoedel
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