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7 March, 16:29

Of your starting salary is $40000 and you receive a 3% increase at the end of every year whats is the total amount you will earn in dollars over 16 years.

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  1. 7 March, 16:52
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    A=p (1+r) ^t

    A=40,000 * (1+0.03) ^ (16)

    A=64,188.26
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