Johnny found a job at McDonalds with a starting salary of $27,000. He is guaranteed a raise of 4.75% each year.  Calculate the total amound he will have made over the course of 5 years.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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Johnny found a job at McDonalds with a starting salary of $27,000. He is guaranteed a raise of 4.75% each year.  Calculate the total amound he will have made over the course of 5 years.

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