Question

Evelyn took a job that paid $100 the first week. She was guaranteed a raise of 2% each week. How much money will she make in all over 8 weeks?

Answer 1

A=100[((1+0.02)^(8)-1)(/0.02)=858.29

Answer 2

Week 1: $100
Week 2: $102
Week 3: $104.04
Week 4: $106.1208
Week 5: $108.243216
Week 6: $110.40808032
Week 7: $112.6162419264
Week 8: $114.868566764928
Total: $858.296905011328