Use the formula S = 40,000 (1.06)t to calculate your salary after 4 years. Round your answer to the nearest dollar.
1 answer:
Answer:
d. $50,499
Step-by-step explanation:
Given:
S = 40,000 (1.06)^t
Where,
t=4 years
S=40,000(1.06)^4
=40,000(1.26247696)
=50,499.0784
To the nearest dollar
S=$50,499
The answer is d. $50,499
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