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​You Accept a Job That Pays a Salary of $60,000

Question 91

Multiple Choice

​You accept a job that pays a salary of $60,000 the first year.During the next 49 years,you will receive a 6% raise each year.What would be your total compensation over the 50-year period? Round your answer to the nearest integer. ​


A) ​$17,420,154
B) ​$1,000,000
C) ​$56,400
D) ​$360,000
E) ​$3,600

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