Question

Gemini starts a job earning $25.00 per hour.

Every 3 months, she receives a 3.5% raise in her hourly pay.
After 12 months, what will Sofia's hourly pay be?
Responses
A $29.54$29.54
B $28.72$28.72
C $27.69$27.69
D $26.35$26.35

Answer 1

She gets 4 raises (every 3 months for 12 months), so multiply by (1.035)^4:

25(1.035)^4 = 25(1.147523...) ≈ 28.688 ≈ $28.69.

Closest choice: B $28.72.