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ra1l [238]
3 years ago
5

A company is offering a job with a salary of $30,000 for the first year and a 2.3% raise year year after that. I know the sequen

ce is geometric, I know the recursion equation, and I know the formula function. What I need help with is if that 2.3% raise continues every year, how much money would you earn in a 40 year career
Mathematics
1 answer:
lutik1710 [3]3 years ago
8 0
30,000×(1+0.023)^(40)
=74,498.34
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In the problem given:

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