SOLUTION: If John gets paid 2000 dollars every month and also gets a 10% bonus monthly, how much money would he get paid in total after 80 months?

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Question 935414: If John gets paid 2000 dollars every month and also gets a 10% bonus monthly, how much money would he get paid in total after 80 months?
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
y = 80 * (2000 + .10 * 2000)
y equals the amount of money he gets paid in total.
2000 equals the amount of money he gets paid each month.
.10 * 2000 represents the 10% bonus he gets every month.
simplify that equation and you get:
y = 80 * 1.10 * 2000
solve for y to get:
y = 176,000