Question
Corey has take a job with an initial salary of $26,000 an annual raises of $1,250/
(a) What will his salary be in the 6th year?
(b) How much money in total will Corey have earned after six years?
(a) a6 = 26000 + (6 - 1) 1250
(b) S6 = 6/2 (26000 + 1250)
(a) What will his salary be in the 6th year?
(b) How much money in total will Corey have earned after six years?
(a) a6 = 26000 + (6 - 1) 1250
(b) S6 = 6/2 (26000 + 1250)
Answers
Henry
End of 1st Yr: 26000 + 1*1250 = 27250.
End of 5th Yr.: 26000 + 5*1250 = 32250.
End of 6th Yr.: 26000 + 6*1250 = 33500.
End of 5th Yr.: 26000 + 5*1250 = 32250.
End of 6th Yr.: 26000 + 6*1250 = 33500.