Mathematics

Izaiah Nolan

3 May, 18:53

A worker was paid a salary of $8,400 in 1982. Each year, a salary increase of 5% of the previous year's salary was awarded. How much did the worker earn from the beginning of 1982 through the end of 2000? (Round your answer to the nearest cent.) Hint: r ≠ 1, where a1 is the first term and r is the common ratio.

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