Answer:
The salary after four consecutive increase = $ 46794.34
Step-by-step explanation:
According to question,
salary of MR. John = $ 40000 per year
percentage py increase = 4%
Let the salary after four consecutive pay increase = x
So, X = 40000 (1 +)^4
Or, X = 40000 ()^4
Or, X = 46794.34
Hence the salary increase after four consecutive pay increase at 4% = $46794.34 Answer
