SOLUTION: A woman got a job at a starting salary of $35,000 a year. If she received am 8% raise on each additional year, how much would her salary be at the beginning of the tenth year? (use
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Question 264262: A woman got a job at a starting salary of $35,000 a year. If she received am 8% raise on each additional year, how much would her salary be at the beginning of the tenth year? (use future value method) Answer by checkley77(12844) (Show Source):
You can put this solution on YOUR website! 35,000(1+.08)^10
35,000*1.08^10
35,000*2.1589=$75,562.37 ans. for the salary in the tenth year.
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