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Mathematics, 11.06.2020 17:57 eliezer25

Adam earns $45,000 in his first year as an accountant and earns a 3% increase in each successive year.

(a) Write a geometric series formula,

n S

, for Adam’s total earnings over

n

years.

(b) Use this formula to find Adam’s total earnings for her first 12 years of his job, to the nearest

cent.

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Answers: 2

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