The total earnings of the job applicant over 5 years would be Birr 270,000.
The total earnings of the job applicant over 5 years can be calculated by adding the earnings for each year. The starting salary is Birr 50,000 and there is a guaranteed raise of Birr 2,000 each year. Therefore, the earnings for each year are:
Year 1: Birr 50,000
Year 2: Birr 52,000
Year 3: Birr 54,000
Year 4: Birr 56,000
Year 5: Birr 58,000
Adding these earnings, we get:
Birr 50,000 + Birr 52,000 + Birr 54,000 + Birr 56,000 + Birr 58,000 = Birr 270,000
Therefore, the total earnings of the job applicant over 5 years would be Birr 270,000.
Complete question:
A job applicant receives a Birr 50,000 starting salary with a yearly Birr 2,000 raise. What will their total earnings be over 5 years (options: A) Birr 388,000, B) Birr 340,000, C) Birr 450,000, D) Birr 270,000?