Ms. Acosta received a job as a teacher with a starting salary of ,000. According to her contact, she will receive a 1.5% increase in her salary every year. How much will Ms. Acosta earn in 7 years

Answers

The total amount that Ms. Acosta will earn in 7 years will be given by: A=P(1+r/100)^n where: P=principles r=rate n=time From the information given: P=$34000, r=1.5%, n=7 thus A=34000(1+1.5/100)67 A=$37,734.73


0 0
Only authorized users can leave an answer!
Can't find the answer?

If you are not satisfied with the answer or you can’t find one, then try to use the search above or find similar answers below.

Find similar answers


More questions