David starts off at a salary of $10,000 per yer. At the end of each year, he will earn a 4% raise on his previous salary. What will be the first year that

he makes $15,000? If Valerie starts off at a salary of $10,000 per year and receives an option of a constant raise of $500 then how many years until she first makes $15,000?

Could somebody walk me through on how to do this?

Question

Natalya Hart

24 February, 22:40

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Answers (1)

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Orozco · Answer 1

David makes $15000 at the end of the 13th year.

Valerie has to wait for 10 years until she first makes $15000