A college graduate expects to earn a salary of $50,000 during the first year after graduation and receive a 3% raise every year after that. What is the total income he will have received after ten years? A. $640,389.78 B. $573,193.97 C. $515,000.00 D. $507,955.31

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A college graduate expects to earn a salary of $50,000 during the first year after graduation and receive a 3% raise every year after that. What is the total income he will have received after ten years? A. $640,389.78 B. $573,193.97 C. $515,000.00 D. $507,955.31

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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Initial salary is 50, 000 for the 1st year, 3 % of 50,000 is 15,000.. so for the 2nd year, 50,000 + 3% raise (15,000) = 65,000 so for the 3rd year is getting the 3% of 65,000 then add them up. Once you get the final answer get the 3% of that and repeat the steps until you reached the 10th year.
what is the equation?

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Other answers:

\[S _{n}=a _{1}\frac{ 1-r^n }{ 1-r }\]
That's a geometric series where a1 is the $50000 he makes in the 1st year and r = 0.03, the raise
^^ such sophistication lol :)
what do i put in the variables?
well .. they got here first. LOL
rather, 1.03 for r and 50000 for a1
okay. i got $573,193.97 is that right?
yes
yay thank you!

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