Question 234163
$55,000 times 0.20 = $11,000

So, every year, he gets $11,000 raise.

55,000 + 11,000 = $66,000--->first year

$66,000 + 11,000 = $77,000--->second year

Continue this pattern until reaching the 10th year to find your answer.

Can you take it from here?