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Part 1
You are offered a job that pays ​$31 comma 000 during the first​ year, with an annual increase of 6​% per year beginning in the second year. That​ is, beginning in year​ 2, your salary will be 1.06 times what it was in the previous year. What can you expect to earn in your fourth year on the​ job? Round your answer to the nearest dollar.
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Part 1
In your fourth year on the​ job, you can expect to earn ​$
  
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In your fourth year on the job, you can expect to earn $38,448.