document.write( "Question 145428: Jon begins a new job with an annual salary of $42,000 for his first year of employment, a guarantee of a 5% increase each for his second, third and fourth year and a guarantee fo a 20% for his fifth and sixth year. What will be his salary during his sixth year of employment?
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document.write( "This seemed easy enough but not getting the correct answer. \n" );
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Algebra.Com's Answer #106099 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Jon begins a new job with an annual salary of $42,000 for his first year of employment, a guarantee of a 5% increase each for his second, third and fourth year and a guarantee fo a 20% for his fifth and sixth year. What will be his salary during his sixth year of employment? \n" ); document.write( "-------------------- \n" ); document.write( "Salary = 42,000(1.05)^3*(1.20)^2 = 70,013.16 \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |