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A man obtained a job at a factory with {$20,000} as his starting salary. If he received an 8% raise every year, what would his salary be in ten years?
Question
#23912. Asked by Tom.
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Tabby Tom
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{$43,178.50} {($20,000} multiplied by the tenth power of 1.08)
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Son of The Household Cavalry
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Should it be to the ninth power as he only gets an increase for nine of those 10 years?
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