Asked by Denise

Cassandra starts working for a company for an annual salary of $30,000.If she earns a 2% raise at the end of each year, what will her total earnings be after five years?

Answers

Answered by Damon
She gets four raises
30,000 (1 +1.02 +1.02^2 +1.02^3+1.02^4)
You could just calculate that out or do it as a geometric sequence.
Answered by Denise
I do not understand what you did.
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