Starting salary is 50,000 and you recieve 4% increase at the end of every year for 15 years what is the total amount of dollars you would've earned over the first 16 years that you worked?

Question

Mathematics

Kevin Joyce

15 December, 11:57

Starting salary is 50,000 and you recieve 4% increase at the end of every year for 15 years what is the total amount of dollars you would've earned over the first 16 years that you worked?

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Raquel Hicks · Answer 1

I calculated 780,000 im not 100% sure but do this : first you calculate 4% of 50,000 do 4% of 50,000 times 15 and then do 50,000 x 15 and 2000 (4% of 50,000) x 15 and see the answer