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Posted: January 7th, 2023
Suppose you just received a job offer with a starting salary of $35,000
Suppose you just received a job offer with a starting salary of $35,000 per year and a guaranteed raise of $15,000 per year. How many years will it be before you've made a total (or aggregate) salary of $1,025,000?Im looking for the way i need to lay the problem out in order to solve the problem. I keep coming up with 18 years for a final answer and i dont feel that is correct. I dont understand how to work the problem backwards as well to check my answer.
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