A grant writer for school programming is putting together a four year plan to increase salaries and benefits. The plan is to increase the first year's numbers by 4% for second year; 2.5% for the third year and 2% for the 4th year. Year one the amount for salaries and benefits is $130,000. What would be the amounts for the 2nd, 3rd and 4th year.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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A grant writer for school programming is putting together a four year plan to increase salaries and benefits. The plan is to increase the first year's numbers by 4% for second year; 2.5% for the third year and 2% for the 4th year. Year one the amount for salaries and benefits is $130,000. What would be the amounts for the 2nd, 3rd and 4th year.
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