Question

Avery just got hired for a new job and will make $55,000 in her first year. avery was
told that she can expect to get raises of $1,500 every year going forward. how much
money in salary would avery make in her 18th year working at this job?

Answer 1

Avery's salary after 18 years will be equal to $82000.

What is the salary?

The amount of money paid by any company to their employees on monthly basis is called salary.

Given that:-

• Avery just got hired for a new job and will make $55,000 in her first year
• Avery was told that she can expect to get raises of $1,500 every year going forward.

The amount of salary taken by Avery in her 18th year will be:-

Per year incrememnt = $1500

So total increment in 18 years will be = 1500  x  18  =  $27000

Total salary in 18th year will be = 55000  +  27000 = $82000

Therefore Avery's salary after 18 years will be equal to $82000.

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