154k views
3 votes
Jennifer currently brings in an annual salary of $65,000 and anticipates a raise of 5% every year. What will her salary be in 5 years?

1 Answer

5 votes

Answer:

83,461.65

Explanation:

Pe^rt

P= principal balance

r= rate

t= time

plug in the numbers

65,000e^(.05x5)

=83,461.65

User Nameless
by
5.7k points