Question 2: When John started his first job, his first end-of-year salary was $82,500. In the following years, he received salary raises as shown in the following table.Fill the Table: Fill the following table showing his end-of-year salary for each year. I have already provided the end-of-year salaries for the first three years. Calculate the end-of-year salaries for the remaining years using Excel. (If you Excel answer for the top 3 cells is not the same as the one in the following table, your formula / approach is incorrect) (2 points) Geometric Mean of Salary Raises: Calculate the geometric mean of the salary raises using the percentage figures provided in the second column named “% Raise”. (The geometric mean for this calculation should be nearly identical to the arithmetic mean. If your answer deviates significantly from the mean, it's likely incorrect. 2 points) Starting salary% RaiseRaiseSalary after raise7500010%750082500825004%330085800858005%429090090 7% 1% 1% 5% 9% 1% 1% ABStarting salary % RaiseсDERaiseSalary after raise1 750000.1=B2*C2=B2+D22 =E20.04=B3*C3=B3+D33 =E30.05=B4*C4=B4+D44 =E40.07=B5*C5=B5+D55 =E50.01=B6*C6=B6+D66=E60.01|=B7*C7=B7+D77=E70.05=B8*C8=B8+D88=E80.09=B9*C9=B9+D99=E90.01|=B10*C10=B10+D1010=E100.01=B11*C11=B11+D11

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Answered: A B Starting salary % Raise с D E Raise…

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 8P

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Question 2: When John started his first job, his first end-of-year salary was $82,500. In the following years, he received salary raises as shown in the following table.

Fill the Table: Fill the following table showing his end-of-year salary for each year. I have already provided the end-of-year salaries for the first three years. Calculate the end-of-year salaries for the remaining years using Excel. (If you Excel answer for the top 3 cells is not the same as the one in the following table, your formula / approach is incorrect) (2 points)
Geometric Mean of Salary Raises: Calculate the geometric mean of the salary raises using the percentage figures provided in the second column named “% Raise”. (The geometric mean for this calculation should be nearly identical to the arithmetic mean. If your answer deviates significantly from the mean, it's likely incorrect. 2 points)

Starting salary	% Raise	Raise	Salary after raise
75000	10%	7500	82500
82500	4%	3300	85800
85800	5%	4290	90090
	7%
	1%
	1%
	5%
	9%
	1%
	1%

A
B
Starting salary % Raise
с
D
E
Raise
Salary after raise
1 75000
0.1
=B2*C2
=B2+D2
2 =E2
0.04
=B3*C3
=B3+D3
3 =E3
0.05
=B4*C4
=B4+D4
4 =E4
0.07
=B5*C5
=B5+D5
5 =E5
0.01
=B6*C6
=B6+D6
6=E6
0.01
|=B7*C7
=B7+D7
7
=E7
0.05
=B8*C8
=B8+D8
8
=E8
0.09
=B9*C9
=B9+D9
9=E9
0.01
|=B10*C10
=B10+D10
10=E10
0.01
=B11*C11
=B11+D11

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