If your starting salary is $40000 and you receive a 3% increase at the end of every year, what is the total amount, in dollars, you will earn one the first 16 years that you work

Total amount in dollars= $64614.00

Step-by-step explanation:

Initial starting salary is $40000.

Rate of increase is 3%

Number of years is 16 years

The salary is compounded yearly.

Amount A after 16 years is given as

A= p (1+r/n)^ (nt)

A=40000(1+0.03/16)^(16*16)

A= 40000(1.001875)^(256)

A=40000(1.61534824)

A= 64613.92959

Total amount in dollars= $64614.00

do you have the measurements?

42%

step-by-step explanation:

we know,

total people = 60

total males = 25

percentage of males

= 25/60 × 100

= 25/6 × 10

= 25/3 × 5

= 125 / 3

= 41.

rounding of = 42%

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