Mathematics, 03.08.2019 04:50 ramireztony741
Abi takes a job with a starting salary of $100,000 for the first year. she earns a 3% increase each year. how much does abi make over six years? a. $600,000 b. $618,000 c. $646,841 d. $716,431
Answers: 1
![A=P[1+(1+\frac{R}{100})^{1}+(1+\frac{R}{100})^{2}+(1+\frac{R}{100})^{3}+(1+\frac{R}{100})^{4}+(1+\frac{R}{100})^{5}]](/tpl/images/0164/3659/94b26.png)
![A=100,000[1+(1+\frac{3}{100})^{1}+(1+\frac{3}{100})^{2}+(1+\frac{3}{100})^{3}+(1+\frac{3}{100})^{4}+(1+\frac{3}{100})^{5}]](/tpl/images/0164/3659/5ddf0.png)
![A=100,000[1+(1.03)^{1}+(1.03)^{2}+(1.03)^{3}+(1.03)^{4}+(1.03)^{5}]](/tpl/images/0164/3659/f940a.png)
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Abi takes a job with a starting salary of $100,000 for the first year. she earns a 3% increase each...
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