IDNLearn.com offers expert insights and community wisdom to answer your queries. Get the information you need from our experts, who provide reliable and detailed answers to all your questions.

Michaela signed a 5-year contract for her new job and her starting salary is $67K ($67,000) per year. If she gets a good review of her work, at the end of each year, she will receive a 3% raise. What will her salary be in 5 years to the nearest dollar?

Sagot :

Answer:

79,180

Step-by-step explanation:

you start off with 67k and multiply it by 1.03 for every outcome untill after 5th year