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A college graduate expects to earn a salary of 50000 during the first year after graduation and recieive a 3% raise every year for 10 years

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  1. 27 May, 01:27
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    50,000 (1.03) ^10=Y is the equation you would use to solve this, and this is how to solve it:

    50,000 (1.03) ^10

    50,000 (1.34)

    67,000

    so his salary after 10 years will be $67,000.00
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