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Micheal signed a 5-year contract for a new job. His starting salary is $67K per year, and the salary increases 3% each year if a corporate review of his work deems it satisfactory. What is his salary in 5 years, to the nearest dollar?

Sagot :

s132486

Answer: 77050

Step-by-step explanation: each year +3% meaning in 5 years should be 15% already. 15/100 times x/67000. use butterfly method.

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