Question

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?

Answer 1

79,180

Explanation:

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