SOLUTION: If you earn $3250 per month and you expect your earnings to increase by 4.8% per year, how much do you think you will be making in 6 years? This is what I did when I attempted t

Question 1079551: If you earn $3250 per month and you expect your earnings to increase by 4.8% per year, how much do you think you will be making in 6 years?
This is what I did when I attempted the problem, but it was wrong:
3250*12= 39000
39000*.048= 1872
1872*6=1232
39000+1232= $50232

Answer by josgarithmetic(39618) (Show Source): You can put this solution on YOUR website!

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