Question

After graduating from college, Trevor gets a job at a software company with a starting salary of 50,000 dollars and is given a 10% raise every year. After 10 years, what will his total earnings have been at the company? (Round to the nearest dollar)

Answer 1

796871

Explanation:

Based on the given conditions, formulate:

5000 x (1 - (1 + 10%) 10)

-------------------------------

1 - (1 + 10%)

Evaluate the equation/expression:

796871.23005

Find the closest integer to

798871.23005

= 796871