madelynashley18 madelynashley18
  • 17-04-2017
  • Mathematics
contestada

You accept a job as a marine biologist that pays a salary of $45,000 the first year. During the next 39 years, you receive a 5.5% raise each year. What is your total salary over the 40-year period? The equation you use for this problem is a1 = (r^n - 1/ r - 1)

I'll attach an example of the problem:

You accept a job as a marine biologist that pays a salary of 45000 the first year During the next 39 years you receive a 55 raise each year What is your total s class=

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sheldonruntowin
sheldonruntowin sheldonruntowin
  • 17-04-2017
45000(1.055)^40=383980.89
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