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If your starting salary is $40,000 and you receive a 3% increase at the end of every year, what is the total amount, in dollars, you will earn over the first 16 years that you w…

If your starting salary is $40,000 and you receive a 3% increase at the end of every year, what is the total amount, in dollars, you will earn over the first 16 years that you w…
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1 vote
If your starting salary is $40,000 and you receive a 3% 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?

asked
User Vamsi
by
9.1k points

2 Answers

4 votes
you would get a 1200 dollar increase yearly so 19200 for 16 years
answered
User Petekaner
by
8.0k points
3 votes

Answer:806275

Step-by-step explanation:idk I got it wrong and that’s the answer it gave

answered
User BrentM
by
8.6k points
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