Tuesday
September 23, 2014

Homework Help: GP Calculus

Posted by Watermelon on Thursday, December 29, 2011 at 12:56am.

Muthu started working at a company on 1 January 2002 with an initial annual salary of RM18,000. Every January, the company increased his salary by 5% of the previous year's salary. Calculate
a)his annual salary, to the nearest RM, for the year 2007.
b)the minimum value of n such that his annual salary in the nth year will exceed RM36,000.
c)the total salary, to the nearest RM, paid to him by the company, for the years 2002 to 2007.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - A new company called Bloomner construct, buys and sells furniture. ...
finance - In calendar 2011, you earned a salary of $60,000. You expect to be ...
accounting - On January 1, 2012, Lexmark Company's Accounts receivable account ...
Math - A man started to work in 1985 at an annual salary of \$8{,}000. He ...
statistics - the mean annual salary for employees at a company is 36,000. at the...
introduction to finance - 2. Value of salary during a job interview. Pam ...
finance - company starting salary 75,000 retirement benefits 401k with annual ...
Statistics - The average annual salary of employees at Wintertime Sports was $28...
Personal finances - Calculating future value if salary. During a job interview, ...
accounting - Your company manufactures specialty items. In order to reduce any ...

Search
Members