Answer:
$128,500
Step-by-step explanation:
Find out how much he will earn from his 1st year to 24th.
1st year = 48000
2nd year = 48000 + 3500 = 51500
3rd year = 51500 + 3500 = 55000
4th year = 55000 + 3500 = 58500
5th year = 58500 + 3500 = 62000
6th year = 62000 + 3500 = 65500
7th year = 65500 + 3500 = 69000
8th year = 69000 + 3500 = 72500
9th year = 72500 + 3500 = 76000
10th year = 76000 + 3500 = 79500
11th year = 79500 + 3500 = 83000
12th year = 83000 + 3500 = 86500
13th year = 86500 + 3500 = 90000
14th year = 90000 + 3500 = 93500
15th year = 93500 + 3500 = 97000
16th year = 97000 + 3500 = 100500
17th year = 100500 + 3500 = 104000
18th year = 104000 + 3500 = 107500
19th year = 107500 + 3500 = 111000
20th year = 111000 + 3500 = 114500
21st year = 114500 + 3500 = 118000
22nd year = 118000 + 3500 = 121500
23rd year = 121500 + 3500 = 125000
24th year = 125000 + 3500 = 128500
