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    Mathematics
  3. Study Set
    Precalculus
  4. Exam
    Exam 7: Sequences, Series, and Limits
  5. Question
    Suppose Your Annual Salary at the Beginning of Your First
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Suppose Your Annual Salary at the Beginning of Your First

Question 69

Question 69

Short Answer

Suppose your annual salary at the beginning of your first year at a new company is $40,000. Assume your salary increases by 9% per year at the end of each year of employment. What is your salary at the end of the 6th year? Round the answer to the nearest dollar.

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