Question

Lily just accepted a job at a new company where she will make an annual salary of $45000. Lily was told that for each year she stays with the company, she will be given a salary raise of $2000. How much would Lily make as a salary after 10 years working for the company? What would be her salary after

t
t years?

Answer 1

$65,000

Explanation:

Lily starts with a salary of $45,000. She will get a raise of $2,000 for each year she stays with the company.

$2,000 x 10 years = $20,000

$45,000 + $20,000 = $65,000