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July 5, 2015

Homework Help: Finance

Posted by Canary on Friday, August 9, 2013 at 11:08pm.

A job pays a salary of 35,000 the first year. During the next 10 years, the salary increases by 4% each year. What is the salary for the 11th year? What is the total salary over the 11 year period? (Round to the nearest cent.)

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