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Molly Currently Makes $42,000 a Year

Question 294

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Molly currently makes $42,000 a year. Her contract includes a 3% raise each year.
a. Use this information to fill in the table: Molly currently makes $42,000 a year. Her contract includes a 3% raise each year. a. Use this information to fill in the table:   b. What formula would need to be typed in cell B7 to determine Molly's salary after 6 years? c. Show the numerical calculation to determine Molly's salary after 30 years. Then calculate her salary. b. What formula would need to be typed in cell B7 to determine Molly's salary after 6 years?
c. Show the numerical calculation to determine Molly's salary after 30 years. Then calculate her salary.

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