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
End=startin(1.05)^10
put this in your google search window
1.05^10=
Then, solve this:
(endingsalary-1)/1=