SOLUTION: A teacher starting salary of $40,000 would be how much after 30 years with a 4% increase each year?
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Question 734072: A teacher starting salary of $40,000 would be how much after 30 years with a 4% increase each year?
Answer by checkley79(3341) (Show Source): You can put this solution on YOUR website!
40,000(1+.04)^30
40,000(1.04)^30
40,000*3.24=$129,735.90 final salary after 30 years.
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