How much would salary be at the beginning of tenth year
Problem:
A woman got a job at a starting salary of $35,000 a year. If she received an 8% raise on each additional year, how much would her salary be at the beginning of the tenth year?Use future-value method. Show your work.
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If she received an 8% raise on each additional year, how much would her salary be at the beginning of the tenth year?
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