I WILL GIVE YOU BRAINNIEST!!! 20POINTS!!!Employees at Youlissa's company get a 5% cost-of-living adjustment added to their salar

Question

3 years ago

13

I WILL GIVE YOU BRAINNIEST!!! 20POINTS!!!Employees at Youlissa's company get a 5% cost-of-living adjustment added to their salar

y each year. If Janice currently has a salary of $39,000, what will her salary be in 3 years?
What is the initial amount?
And
what was the rate?

Mathematics

1 answer:

mr_godi [17] · Answer 1 · 2022-06-09T08:45:40+03:00

mr_godi [17]3 years ago

3 0

Minimum salary = Current salary × (1 + Cost of living increase) = $45,000 × 1.12 ... the salary offered. By her fifth year, she will have received four annual raises.