SOLUTION: Two people begin working on the same day for the same company. The starting salary of Person A is $52,000 and the starting salary of Person B is $43,000. Each person gets an annual

Algebra.Com
Question 1200874: Two people begin working on the same day for the same company. The starting salary of Person A is $52,000 and the starting salary of Person B is $43,000. Each person gets an annual raise of 3.5%.
Part A: How much money will Person A make in Year 5?
Person A's salary in Year 5 = $

Part B: How much money will Person B make in Year 5?

Person B's salary in Year 5 = $

Part C: How much more money will Person A make in the first five years (total) compared to Person B?
Answer: $

Answer by josgarithmetic(39618)   (Show Source): You can put this solution on YOUR website!
The description and questions are clear enough.

After four MORE years,



RELATED QUESTIONS

Two people begin working on the same day for the same company. The starting salary of... (answered by josgarithmetic)
two children cross a startin line at the same time, one running with a velocity of... (answered by edjones)
You are offered two different jobs. Company A offers an annual salary of $34,000 plus a... (answered by solver91311)
Company A offers a starting salary of $28,000 with a raise of $3,000 each year. Company (answered by addingup)
Janine has job offers at two companies. One company offers a starting salary of $28,000... (answered by richwmiller)
Translate to a system of equations and solve. Maxim has been offered positions by two... (answered by Boreal)
Chloe has been offered positions by two car dealers. The first company pays a salary of... (answered by Theo)
the mean age of the employees at a company is 39.the standard deviation of the ages is... (answered by stanbon)
The company offers seminars on the important topic of a retirement planning. For a... (answered by ewatrrr)