SOLUTION: suppose your job pays $7.50 an hour. each year, you will be offered a 1.5% raise. how much will you be paid in 3 years?

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Question 945107: suppose your job pays $7.50 an hour. each year, you will be offered a 1.5% raise. how much will you be paid in 3 years?
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
suppose your job pays $7.50 an hour. each year, you will be offered a 1.5% raise. how much will you be paid in 3 years?
:
we can find how much you will be paid after one year by multiplying it 1.015
therefore after 3 yrs
7.50*(1.015)^3 = $7.84