If your starting salary is $40,000 and you receive a 3% increase at the end of every year what is the total amount, in dollars, you will earn over the first 16 years that you work?

round your answer to the nearest whole dollar, and express your answer without using commas.

Question

Mathematics

Sidney Finley

6 March, 20:03

If your starting salary is $40,000 and you receive a 3% increase at the end of every year what is the total amount, in dollars, you will earn over the first 16 years that you work?

round your answer to the nearest whole dollar, and express your answer without using commas.

+3

Answers (1)

Know the Answer?

Macy Yoder · Answer 1

Ok I had a system (probably over complicated) were I would x the number by 0.03 then add it back to the number than I wrote it down to remember so the numbers I got was

1. 41200

2. 42436

3. 43760

4. 45020

5. 46370

6. 47761

If your starting salary is $40,000 and you receive a 3% increase at the end of every year what is the total amount, in dollars, you will earn over the first 16 years that you work?round your answer to the nearest whole dollar, and express your answer without using commas.

If your starting salary is $40,000 and you receive a 3% increase at the end of every year what is the total amount, in dollars, you will earn over the first 16 years that you work?

round your answer to the nearest whole dollar, and express your answer without using commas.