A job pays a salary of $30,000 the first year. During the next 29 years, the salary increases by 6% each year. What is the total lifetime salary over the 30-year period?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 1ECP: You accept a job with an annual income of $58,400 . This includes your salary and a $1200 year-end...
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A job pays a salary of $30,000 the first year. During the next 29 years, the salary increases by 6% each year. What is the total lifetime salary over the 30-year period?

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