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22 November, 02:42

A man earns a base salary of 2000$ and every year he got araise of 7% on his total income. huv much total income would he get by end of 4 years

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  1. 22 November, 03:46
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    his total income by the end of 4 years will be: $2622.

    Step-by-step explanation:

    A man earns a base salary of $2000, and every year he got a raise of 7% on his total income.

    The first year, he will earn: 1.07 ($2000) = $2140

    The second year he will earn: 1.07 ($2140) = $2289.8

    The third year he will earn: 1.07 ($2289.8) = $2450.086

    The fourth year he will earn: 1.07 ($2450.086) = $2621.59202

    Therefore, his total income by the end of 4 years will be: $2622.
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