SOLUTION: Can u please help me answer this question Mr khan gets a 10% raise in salary every year. His salary after 4 such raises has gone up by about what %?

Algebra ->  Rate-of-work-word-problems -> SOLUTION: Can u please help me answer this question Mr khan gets a 10% raise in salary every year. His salary after 4 such raises has gone up by about what %?      Log On


   

Question 1066218: Can u please help me answer this question
Mr khan gets a 10% raise in salary every year. His salary after 4 such raises has gone up by about what %?
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
1%2A%281.10%29%281.10%29%281.10%29%281.10%29

1%2A%281.10%29%5E4

1%2A1.4641

About a 46% increase from the initial salary