Question

help!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Geraldo's current salary is $40,000 per year. His annual pay raise is always a percent of his salary at the time. What would his salary be if he got four consecutive 4% increases? Round any decimals to the nearest cents.

Answer 1

40,000 x .04 = 1600
40,000 + 1600 = 41600
41600 x .04 = 1664

Answer 2

now do that until you get to 4

Answer 3

what do u mean

Answer 4

add 1664 to 41600

Answer 5

then take that answer and multiply it by .04

Answer 6

43264

Answer 7

1730.56

Answer 8

right now keep doing those steps until you get 4 years

Answer 9

so this is two years right

Answer 10

right

Answer 11

1730.56+41600=43330.56
*.04=1733.22

Answer 12

okay hold on you want to use the previous answer but I just wanted you to get the idea so I will show you the answer

Answer 13

1733.22+41600.=43333.22then*.04=1733.32

Answer 14

oh ok sorry

Answer 15

40,000 x .04 = 1600
40,000 + 1600 = 41600 1 year
41600 x .04 = 1664\
41600 +1664 = 43264 2nd year
43264 x .04 = 1730.56
43264 + 1730.56 = 44994.56 3rd year
44994.56 x .04 = 1799.78
44994.56 + 1799.78 = 46794.34 4th year

Answer 16

see what I did

Answer 17

so do i need to Round any decimals now

Answer 18

no I think that is the way they want it do you have choices

Answer 19

it mark it wrong

Answer 20

did you have choices

Answer 21

no