SOLUTION: Suppose that you are offered a job with a 6,600 salary a month with guaranteed increase of 50 every 6 months for 5 years. What will your salary be at the end of this period of time

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Question 1085576: Suppose that you are offered a job with a 6,600 salary a month with guaranteed increase of 50 every 6 months for 5 years. What will your salary be at the end of this period of time?


Found 3 solutions by Fombitz, ikleyn, MathTherapy:
Answer by Fombitz(32388) About Me  (Show Source):
Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
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The correct answer is 7050 dollars. 

Year   Months      Salary

 1     1 -  6       6600
       7 - 12       6650

 2     1 -  6       6700
       7 - 12       6750

 3     1 -  6       6800
       7 - 12       6850

 4     1 -  6       6900
       7 - 12       6950

 5     1 -  6       7000
       7 - 12       7050



Answer by MathTherapy(10551) About Me  (Show Source):
You can put this solution on YOUR website!
Suppose that you are offered a job with a 6,600 salary a month with guaranteed increase of 50 every 6 months for 5 years. What will your salary be at the end of this period of time?