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Mathematics, 05.07.2019 00:30 4004JuCh18

Use the following information for problems 1 – 3. suppose you sign a contract for an annual salary of $50,000 with a guaranteed raise of 5% each year. 1. write your salary for the next n years as a geometric sequence in explicit form. 2. what will your salary be in year 5? 3. how much will you have earned in total salary by the end of your 10th year?

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