If your starting salary is $40,000 and you receive a 3% increase at the end of every year, what is the total amount, in dollars, you will earn over the first 16 years that you work?

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asked Oct 22, 2018 83.4k views

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If your starting salary is $40,000 and you receive a 3% increase at the end of every year, what is the total amount, in dollars, you will earn over the first 16 years that you work?

Mathematics
high-school

Vamsi asked

by Vamsi

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2 Answers

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you would get a 1200 dollar increase yearly so 19200 for 16 years

Petekaner answered Oct 24, 2018

by Petekaner

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3 votes

Answer:806275

Step-by-step explanation:idk I got it wrong and that’s the answer it gave

BrentM answered Oct 26, 2018

by BrentM

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