A worker was paid a salary of $8,400 in 1982. Each year, a salary increase of 5% of the previous year's salary was awarded. How much did the worker earn from the beginning of 1982 through the end of 2000? (Round your answer to the nearest cent.)

Hint: cap s sub n equals start fraction a sub one left parenthesis one minus r to the power of n end power right parenthesis over one minus r end fraction comma r ≠ 1, where a1 is the first term and r is the common ratio.

$56,247.87
$256,527.63
$183,629.31
$211,138.34

Question

A worker was paid a salary of $8,400 in 1982. Each year, a salary increase of 5% of the previous year's salary was awarded. How much did the worker earn from the beginning of 1982 through the end of 2000? (Round your answer to the nearest cent.)

Hint: cap s sub n equals start fraction a sub one left parenthesis one minus r to the power of n end power right parenthesis over one minus r end fraction comma r ≠ 1, where a1 is the first term and r is the common ratio.

 $56,247.87
 $256,527.63
 $183,629.31
 $211,138.34

some.random.cool.kid · Answer

@Michele_Laino @Mehek14 @jabez177 @Jaynator495 @just_one_last_goodbye @ganeshie8 @ash2326 @dan815 @Data_LG2

some.random.cool.kid · Answer

@ParthKohli @perl