Question

Joshua was offered a job that paid a salary of $77,500 in its first year. The salary was set to increase by 2% per year every year.

If Joshua worked at the job for 5 years, what was the total amount of money earned over the 5 years, to the nearest whole
number?

Answer 1

Answer: joshua earned $403,313 over 5 years

Explanation:

Answer 2

if you want it as dollars and cents it is $77.50 but in nearest whole number it would be 78 dollars

Explanation:

step 1: multiply the 2 by 5 and you get 10%

step two: you put 10 over 100 and multiply 77,500

10/100 x 77,500/1= $77.50

but when you roung it off you get 78 dollars