Your starting salary at a new companv is $34,000 and it increases bv 2.5% each vear. What will vour salary be in 5 years? Round to the nearest dollar.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.1: Functions Given By Formulas
Problem 2TU: What is your monthly payment if you borrow 5000 at a monthly rate of 0.61 and pay it off in 5 years?
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Your starting salary at a new companv is $34,000 and it increases bv 2.5% each vear. What will vour salary be
in 5 years? Round to the nearest dollar.

18) Your starting salary at a new company is $34,000 and it increases by 2.5% each year. What will your salary be
in 5 years? Round to the nearest dollar.
Transcribed Image Text:18) Your starting salary at a new company is $34,000 and it increases by 2.5% each year. What will your salary be in 5 years? Round to the nearest dollar.
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