contestada

Phil is offered a 3-year contract with a law firm. His first year earnings would be $81,000 with an annual raise of 15%.

What would Phil's total earnings be over the term of the contract?



Enter your answer, rounded to two decimal places, in the box.

Respuesta :

altavistard
First year:  $81000
Second year:  1.15($81000) = $93150
Third year:  1.15($93150) = $107122.50

Add these three together to get Phil's total salary over the 3 years of his contract.

Phil is offered a 3-year contract with a law firm. His first-year earnings would be $81,000 with an annual raise of 15%. Phil's total earnings would be over the term of the contract is $281272.5.

What is addition?

The addition is one of the mathematical operations. The addition of two numbers results in the total amount of the combined value.

Phil is offered a 3-year contract with a law firm. His first-year earnings would be $81,000 with an annual raise of 15%.

First year

=  $81000

Second year  

1.15 x ($81000)

= $93150

Third year

1.15 x ($93150)

= $107122.50

Phil's total earnings would be over the term of the contract

= $81000 + $93150 + $107122.50

= 281272.5

Learn more about addition here;

https://brainly.com/question/545875

#SPJ2

Otras preguntas