James Has Worked for the Same Company His Entire Life

Multiple Choice

James has worked for the same company his entire life.His current income is $100,000 per year.When he was originally hired,he made $50,000 per year.The company has given James a consistent raise of 2 percent every year.How long has James been with the company?

A) 10 years
B) 25 years
C) 35 years
D) 50 years
E) 75 years