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Please help! Justine earned $27,000 during the first year of her job at city hall. After each year she received a 2% raise. Find her total earnings during the first five years on the job.
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@tcarroll010
@amistre64
@Luigi0210
in Justine
What?
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yup
im Justine
Yeah ok....
hi
Dude don't comment if you're not gonna help.
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sorry
I love cheese
27 + 27(.02) + 27(.04) + 27(.06) .... etc
@amistre64 I figured it out. Thanks for helping! :)
i forgot to include the 1s lol
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haha it's cool. I found a formula to use. sum = a (1-r^n)/(1-r)
a = 27000 r = 1.02 n= 5
yeah, thats the one M(1.02) + M(1.02)^2 + M(1.02)^3 ... good job
Thanks :)
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