Question

starting salary is 50,000 and you recieve 4% increase at the end of every year for 15 years what is the total amount of dollars you would've earned over the first 16 years that you worked?

Answer 1

I calculated 780,000 im not 100% sure but do this : first you calculate 4% of 50,000 do 4% of 50,000 times 15 and then do 50,000 x 15 and 2000(4% of 50,000) x 15 and see the answer