asked 178k views
3 votes
starting salary is 50,000 and you recieve 4% increase at the end of every year for 15 years what is the total amount of dollars you would've earned over the first 16 years that you worked?

asked
User Cygan
by
7.9k points

2 Answers

3 votes

Answer:

$1091227

Explaination:

a-p-e-x

answered
User Crantok
by
8.3k points
2 votes
i calculated 780,000 im not 100% sure but do this : first you calculate 4% of 50,000 do 4% of 50,000 times 15 and then do 50,000 x 15 and 2000(4% of 50,000) x 15 and see the answer 
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