SOLUTION: Two people begin working on the same day for the same company. The starting salary of Person A is $52,000 and the starting salary of Person B is $43,000. Each person gets an annua

Algebra ->  Finance -> SOLUTION: Two people begin working on the same day for the same company. The starting salary of Person A is $52,000 and the starting salary of Person B is $43,000. Each person gets an annua      Log On


   



Question 1200879: Two people begin working on the same day for the same company. The starting salary of Person A is $52,000 and the starting salary of Person B is $43,000. Each person gets an annual raise of 3.5%.
A: How much money will Person A make in Year 5?
A's salary in Year 5 = $

B: How much money will Person B make in Year 5?
Person B's salary in Year 5 = $

C: How much more money will Person A make in the first five years (total) compared to Person B?
Answer: $

Answer by josgarithmetic(39618) About Me  (Show Source):
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