Question

Beth currently brings in an annual salary of $37,000 and anticipates a raise of 5% every year. What will her salary be in 14 years?

Answer 1

62900

Explanation:

first you multiply 5%by 37000 that is 1850

then you multiply 1850 by 14 that is 25900

then you add 25900 and 37000 and you get 62900

5% x 3700 = 1850

1850 x 14 = 25900

25900 + 37000 = 62900