Question

A company is offering a job with a salary of $48,000 for the first year, then a raise of 2% each year after that. Write a formula to represent the salary after each year of employment, then determine the salary after 30 years. *

Answer 1

Answer:

a.48,000+2=48,002 b.30×2=60% +2=62%+48,0000=48,062