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svp [43]
3 years ago
15

You just started a great part-time job that you want to keep for a while. Under the current contract, your annual salary is $31,

000. Every year you're promised raises of 2.2 percent per year. Calculate your annual salary ten years from today.
Business
1 answer:
Daniel [21]3 years ago
3 0

Answer:

$38,536.3567

Explanation:

Given that,

Annual salary = $31,000

Growth rate = 2.2 percent per year

Time period = 10 years

Salary 10 years from today:

= Current salary × (1 + Growth rate)^{Period}

= $31,000 × (1 + 0.022)^{10}

= $31,000 × 1.24310828

= $38,536.3567

Therefore, the annual salary of this person ten years from today is $38,536.3567.

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Explanation:

The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.

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