Question

Jeanette's salary is 25000 a year she gets a 4% raise annually, how much will she have after 7 years

Answer 1

25,000 x .04 = 1000 a year......
so 7,000 after 7 years

So, in 7 years she'll be making 32,000 a year

Answer 2

25,000(1+4%)^7
32,898.3
32,900 for 3 significant figures