Question

A union has successfully negotiated for its members to get 5% raises annually. If a union member currently has a salary of $30,140, what will her salary be in 10 years

Answer 1

Answer:49094.88

Explanation:

you put the original price, amount, etc. first then multiply 1 -/+ (depending if its decay or growth) .05 because you have to change the percent to a decimal them put that to the power of however much the time is changing.

PS: you always use one when multiplying