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 receive a three percent raise each year?
(b) How much do you earn n years from now if you receive a five percent raise each year?
(c) How much do you earn n years from now if each year you receive a raise of $1000 plus two percent of your previous year's salary.