If you earn $1200 per month and you expect your earnings to increase by 10% per year, what monthly salary would you be making in 5 years?

So u turn the percent into a decimal.

0.10

Now multiply 1200 * 0.10

1200*0.10 = 120 (120 is the amount that is gonna increase)

So if it says 5 years, than your gonna multiply 120 * 5

120*5 = 600

So your gonna add 600 to 1200.

So in five years your gonna be making 1,800.

An easier way would be to use prt

Principle * rate * time

1200 * 0.10 * 5

= 600

So now you just add 600 to 1200

= 1800