document.write( "Question 771610: Hi-I'm stumped.
\n" ); document.write( "A job pays a salary of 30,000the first year.
\n" ); document.write( "During 23 years the salary increases by 8% each year.
\n" ); document.write( "What is the total lifetime salary over 24-year period.
\n" ); document.write( "The lifetime salary is approximately? round off to nearest dollar amount.
\n" ); document.write( "Thanks
\n" ); document.write( "I got 2,002,943 but that's not correct:(
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Algebra.Com's Answer #470315 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
let \"+y+\" = the current year by year salary
\n" ); document.write( "Let \"+x+\" = the 1st years salary
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\n" ); document.write( "What is wanted is:
\n" ); document.write( "\"+y%5B0%5D+%2B+y%5B1%5D+%2B+y%5B2%5D+\". . . up to \"+y%5B23%5D+\"
\n" ); document.write( "which is the lifetime salary
\n" ); document.write( "The sequence looks like
\n" ); document.write( "\"+x%2A%28+1.08+%29%5E0+%2B+x%2A%28+1.08%29%5E1+%2B+x%2A%28+1.08+%29%5E2+\". . . \"+x%2A%28+1.08+%29%5E23+\"
\n" ); document.write( "--------------
\n" ); document.write( "The formula for this sum is:
\n" ); document.write( "\"+x%2A%28+1+-+1.08%5E24+%29+%2F+%28+1+-+1.08+%29+\"
\n" ); document.write( "\"+x+=+30000+\"
\n" ); document.write( "\"+30000%2A%28+1+-+6.341181+%29+%2F+%28+-+.08+%29+\"
\n" ); document.write( "\"+30000%2A%28+-5.341181+%2F+-.08+%29+\"
\n" ); document.write( "\"+30000%2A66.76476+\"
\n" ); document.write( "\"+2002942.78+\"
\n" ); document.write( "I got your answer.
\n" ); document.write( "The method seems right.
\n" ); document.write( "???\r
\n" ); document.write( "\n" ); document.write( "
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