MATH

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If your starting salary increases 5% per year for 10 years, how does your salary at the end of the 10 years compare with your starting salary?

It is nearly 63% higher
It is 150% higher
It is 50% lower
It is 50% higher

  • MATH -

    End=startin(1.05)^10

    put this in your google search window
    1.05^10=

    Then, solve this:

    (endingsalary-1)/1=

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