Friday

July 25, 2014

July 25, 2014

Posted by **PDF** on Thursday, February 9, 2012 at 1:02am.

- MATHEMATICS_algebra -
**Reiny**, Thursday, February 9, 2012 at 7:51amI will assume that the salary increases annually and is then divided by 12 (that's what they used to do to mine)

at start, annual salary = Php 108000

end of year 1 : 108000(1.10) = 118800

end of year 2 : 108000(1.10)^2 = 130680

...

end of year 10 = 108000(1.10)^10 = 280124.19

so monthly salary after 10 years

= ( 108000(1.10)^10 ) /12

= 23343.68

**Related Questions**

MATHEMATICS_algebra - A man accepts a position at Php9000 a month with the ...

Economics - Suppose you earned $50,000 last year, and inflation is at 5%. You ...

maths - a teacher earns $25000 a year and receive a 5% cost of living increase ...

Calculus - Salary Contracy - A union contract guarantees a 10% salary increase ...

Calculus - Salary Contracy - A union contract guarantees a 10% salary increase ...

math - Allen was earning $30,000 working for a small business. The business had ...

Math 156 - Allen was earning $30,000 working for a small business. The business ...

math - at the start of your school year as a veterinary tech, you receive a ...

GP Calculus - Muthu started working at a company on 1 January 2002 with an ...

business math - Salary Increase.you accept a new job with a starting salary of ...