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Michaela signed a 5-year contract for her new job and her starting salary is $67K ($67,000) per year. If she gets a good review of her work, at the end of each year, she will receive a 3% raise. What will her salary be in 5 years to the nearest dollar?

User Cwschmidt
by
8.6k points

1 Answer

2 votes

Answer:

79,180

Explanation:

you start off with 67k and multiply it by 1.03 for every outcome untill after 5th year

User Celoron
by
7.9k points
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