1. Other
  2. Other
  3. sara has just gotten a new job on her first...

Question: sara has just gotten a new job on her first...

Question details
Sara has just gotten a new job. On her first day, the boss gave her 2 choices for her salary. First Choice: Start at $30,000 and get a 5% raise at the end of every year. Second Choice: Start at 23,000 and get a $5000 raise at the end of the year. Calculate how much Sara would be making at the start of the 5th year. Which the better choice?
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution