Juan and Pete are on the same salary. Juan receives a 10% raise followed by an 8% raise a year later. Pete receives an 8% raise followed by a 10% raise a year later. After the two salary raises, whose salary is higher?
Salary Increase.you accept a new job with a starting salary of 34,800. you are told that you will receive an annual raise of at least 1,500. what is the maximum number of years you must work before your annual salary will 45,000