If you earn $3200 per month and you expect your earnings to increase by 6.4% per year, how much do you think you will be making in 6 years?

You should expect to be making $55,716.14 in 6 years.

Step-by-step explanation:

Your earnings after t years is given by the following equation:

In which E(0) is how much you earn on the current year and r is the increase rate, as a decimal.

$3200 per month currently:

A year has 12 months. So

You expect your earnings to increase by 6.4% per year

So

Then

How much do you think you will be making in 6 years?

This is E(6).

You should expect to be making $55,716.14 in 6 years.

answer 1 : option "c"

answer 2 : option "d"

answer 3 : option "b"

answer 4 : option "d"

answer 5 : option "b"

answer 6 : option "a"

answer 7 : option "c"

answer 8 : option "d"

answer 9 : option "c"

answer 10 : option "d"

answer 11 : option "c"

answer 12 option "b"

answer 13 option "c"

answer 14 option "c"

answer 15 option "d"

answer 16 option "a"

answer 17 option "b"

answer 18 option "c"

answer 19 option "a"

answer 20 option "a"

answer 21 option "c"

d

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