Ask Question
15 September, 04:58

A college graduate expects to earn a salary of 50000 during the first year after graduation and recieive a 3% raise every year for 10 years

+3
Answers (1)
  1. 15 September, 07:50
    0
    50,000 (1.03) ^10=Y is the equation you would use to solve this, and this is how to solve it:

    50,000 (1.03) ^10

    50,000 (1.34)

    67,000

    so his salary after 10 years will be $67,000.00
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A college graduate expects to earn a salary of 50000 during the first year after graduation and recieive a 3% raise every year for 10 years ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers