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Your starting annual salary for a new job is $40,000, and you are promised an annual raise of $1,500. What will your salary be at the beginning of your 11th year?

User Junkystu
by
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2 Answers

3 votes

THIS IS A RANDOM GUESS BUT IT MIGHT BE 456,500$

User Johnny Rocket
by
4.8k points
3 votes
$40.000 starting salary
$15.000 raise each year

After 11 years:

40.000+(1.500*11)=
40.000+16.500=
56.500

That is the salary for year 11

User Javiel
by
5.5k points
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