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23 March, 13:23

Justine earned $17,000 during the first year of her job at city hall. After each year she received a 4% raise. Find her total earnings during the first five years on the job.

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  1. 23 March, 14:01
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    The answer is $92,077.48
  2. 23 March, 16:27
    0
    = $17,000.00 + $17,000.00 (1 + SUM[1.04]⁴)

    = $17,000.00 (1 + 4.41632256)

    = $17,000.00 (5.41632256)

    = $92,077.48

    Answer: $92,077.48
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