MATH

An entry level position pays 8 dollars per hour. A 4% raise is given at the end of each year of employment. What would the pay be after 3 years?

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asked by Casey
  1. 8.00*(1.04)^3

    (1.04)^3 is 1.04 cubed. Multiply it by the initial wage of $8.00/hr

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    posted by drwls
  2. Thanks i had an argument going the last time i posted this question. thanks again for the assurance.

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    posted by Casey

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