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At the Time She Was Hired, Nema's Salary Was $55,000

Question 57

Multiple Choice

At the time she was hired, Nema's salary was $55,000 per year. If she is given an annual salary increase of 4% per year, what will her salary be after 5 years?


A) $66,915.91
B) $228,800.00
C) $64,342.22
D) $286,000.00

Correct Answer:

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