Video
Mackenzie was offered a job that paid a
salary of $45,000 in its first year. The
salary was set to increase by 5% per year
every year. If Mackenzie worked at the job
for 17 years, what was the total amount of
money earned over the 17 years, to the
nearest whole number?

Respuesta :

Answer:

103,140.82, or 103,141 since it asks for the whole number.

Step-by-step explanation:

[tex]45000(1.05)^17[/tex]

the 17 is supposed to be the whole power, not sure why the 7 is lower. but since she is making 45k a year, at a 5% increase in wages per year, this is how we would set up the equation. the number, multiplied by the percentage which is written as 1.05, since it is an increase, not a decrease, then we set that to the power of 17 since it is 17 years.

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