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Mathematics, 04.05.2021 17:10 ItzJuztWillie

In his first year working, Mr. Gomez earned a salary of $48,000. His salary was increased by 3% at the beginning of the second year.
• His salary was increased by an additional 3% every year after that.
• Mr. Gomez worked 16 years.
Which is closest to the amount of money Mr. Gomez earned in salary during the 16 years?

In his first year working, Mr. Gomez earned a salary of $48,000.

His salary was increased by 3% a

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