Question

Austin just got hired for a new job and will make $80,000 in his first year. Austin

was told that he can expect to get raises of $1,500 every year going forward. How
much money in salary would Austin make in his 19th year working at this job? Round
to the nearest tenth (if necessary).

Answer 1

$107,000

Explanation:

Austin's salary in his 19th year will include his base pay and 18 raises:

$80,000 + 18×$1500 = $107,000

Austin's salary in his 19th year would be $107,000.