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If my salary increase by 25% each year, in 4 years, I will earn exactly twice as much as I do now

If my salary increase by 25% each year, in 4 years, I will earn exactly twice as much as I do now
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If my salary increase by 25% each year, in 4 years, I will earn exactly twice as much as I do now

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User Bob Reynolds
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1 Answer

4 votes
The statement is false. In 4 years the salary will increase to (1.25)^4 = 2.44 times the original salary.
answered
User Karim Samir
by
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