You Take a Job That Pays $25,000 Annually

Short Answer

You take a job that pays $25,000 annually .
(a) How much do you earn n years from now if you recive a three percent raise each year ?
(b) How much do you earn n years from now if you recive a five percent raise each year ?
(c) How much do you earn n years from now if each year you recive a raise of $1000 plus two pwecent of your previous year salary?