SOLUTION: A college graduate earns $38,500 his first year working. There is a flat increase of $3000 at the end of each of the first 4 years. After 5 years of employment, how much has the gr

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Question 936507: A college graduate earns $38,500 his first year working. There is a flat increase of $3000 at the end of each of the first 4 years. After 5 years of employment, how much has the graduate earned, total?
A) $172,000 B) $215,000 C) $230,000 D) $178,000 E) $222,500
Answer by TimothyLamb(4379) About Me  (Show Source):
You can put this solution on YOUR website!
38500 + 38500+3000 + 38500+6000 + 38500+9000 + 38500+12000 = 222,500
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