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Today, you earn a salary of $28,000. what will be your annual salary twelve years from now if you earn annual raises of 2.6 percent?

Today, you earn a salary of $28,000. what will be your annual salary twelve years from now if you earn annual raises of 2.6 percent?
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Today, you earn a salary of $28,000. what will be your annual salary twelve years from now if you earn annual raises of 2.6 percent?

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User HWD
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1 Answer

7 votes
Salary after 12 years = $28,000(1+0.026)^12 =$38100.12
answered
User Kirschmichel
by
9.4k points
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