Someone PLEASE help, ill become a fan and give medal.!
a college graduate expects to earn a salary of $50,000 during the first year after graduatioon and receive a 3% raise every year after that. what is the total income he will have recieved after ten years?
A.$640,389.78
B.$573,193.97
C.$515,000.00
D.$507,955.31

Question

Someone PLEASE help, ill become a fan and give medal.!
a college graduate expects to earn a salary of $50,000 during the first year after graduatioon and receive a 3% raise every year after that. what is the total income he will have recieved after ten years? 
A.$640,389.78
B.$573,193.97
C.$515,000.00
D.$507,955.31

anonymous · Answer

there might be a simpler way to do this, but I'll go ahead and tell you what I would do

anonymous · Answer

so year 1, they earn 50k. year 2, they earn 50k + 3%. year 3, they earn year 2 + 3%.

anonymous · Answer

so write this out in a table if you can. 

year                          $$$
1                               50,000
2                               51,500
3                               53,045

anonymous · Answer

and you can do the rest:)

anonymous · Answer

Thanks!!!