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Solve the Problem. -Suppose You Are Offered a Job with a Starting Salary

Question 116

Multiple Choice

Solve the problem.
-Suppose you are offered a job with a starting salary of $37,000 per year and a guaranteed raise of $1500 per year. How much money will you make in total over the first 20 years?


A) $960,000
B) $1,025,000
C) $65,500
D) $1,124,600

Correct Answer:

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