Asked by o

His job pays a starting salary of $32,000 with a 5% raise at the end of each year. Give his salaries for the first 5 years he works.
Answered by Reiny
now --- 32000
at end of year 1 = 32000(1.05) = ....
at end of year 2 = 32000(1.05)^2 = 35280
....
at end of year 5 = 32000(1.05)^5 = ...

I will let you do the button pushing, I did one of them so you know your answers are correct
Answered by Anonymous
40,841.01
Answered by Eric
How did you get 1.05? 5% per year should end up 0.6
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