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The starting salary for a new employee is 25,000. The salary for this employee increases by 8% per year. what is the salary after 1 year?

The starting salary for a new employee is 25,000. The salary for this employee increases by 8% per year. what is the salary after 1 year?
asked 62.3k views
3 votes
The starting salary for a new employee is 25,000. The salary for this employee increases by 8% per year. what is the salary after 1 year?

asked
User Latika Agarwal
by
8.4k points

1 Answer

6 votes

Answer: $27,000

Explanation:

answered
User Ronniemagatti
by
7.8k points
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