Question

You earn 21.00 per hour at your job if you get a 9% raise at the end of each year what wil your hourly rate be after 5 years

Answer 1

Year 1 $22.89
Year 2 $24.95
Year 3 $27.20
Year 4 $29.65
Year 5 $32.32

Answer 2

At the end of 5 years, you will get a 9.45 dollar raise

21.00*.09=1.89
1.89*5=9.45

so 21.00+9.45= 30.45