Question

If your starting salary is 35,000 and you receive a 6% increase at the end of every year, what is the total amount, in dollars, you will earn over the first 16 years that you work?

Answer 1

A=p (1+r)^t
A the amount after 16 years
P current amount 35000
R rate 0.06
T time 16 years

A=35,000×(1+0.06)^(16)
A=88,912

Answer 2

898538

Explanation:

Apex