Question

An employee earns $48,000 in the first year with a company. Every year, the annual salary increases by $4,500. How much is earned during eight years with the company?

Answer 1

510 000 dollars

Explanation:

This is an arithmetic series with

d = 4500 a1 = 48000 a8 = (48000 + 7* 4500)

Sum = n/2 ( a1 + a8) = 8/2 (48000+ 79500) = 510 000