Answer:
D. 4.15 million dollars
Explanation:
Now given that
Yearly Salary = 2 million
20% increase per year of he makes pro team
Player makes pro team each year
Therefore,
Salary for year 2 = 2million × (120/100)
120% signally 20% increase in Salary
= 2 × 1.2
= 2.4 million
Salary for year 3 = 2.4 million × 1.2
= 2.88 million
Salary for year 4 = 2.88 million × 1.2
= 3.456 million
Salary for year 5 and last year of the contract = 3.456 × 1.2
= 4.1472 million
Salary at the last year of his contract is 4.1472 million, approximately 4.15 million dollars.
