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If my salary increase by 25% each year, in 4 years, I will earn exactly twice as much as I do now
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If my salary increase by 25% each year, in 4 years, I will earn exactly twice as much as I do now

User Bob Reynolds
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1 Answer

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The statement is false. In 4 years the salary will increase to (1.25)^4 = 2.44 times the original salary.
User Karim Samir
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7.7k points
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