172,303 views
34 votes
34 votes
Question 3 (1 point)

What will your salary be if you stayed with the
company for 5 years this goes along with question two

Question 3 (1 point) What will your salary be if you stayed with the company for 5 years-example-1
User Oisdk
by
2.9k points

2 Answers

22 votes
22 votes

Answer:

56,250

Explanation:

User Anjoe
by
2.4k points
13 votes
13 votes

$57,432.67

Explanation:

using the formula we can plug in the values.

y=a(1+r)^t

a = $45,000

r = 0.05

t = 5

y=45000(1+0.05)^5

y=$57,432.67

have a good day :)

User Xiddoc
by
2.7k points