Carol starts a new job on a salary of 20,000. She is given an annual wage rise

Question:

Carol starts a new job on a salary of £20,000. She is given an annual wage rise of £500 at the end of every year until she reaches her maximum salary of £25,000. Find the total amount she earns (assuming no other rises), a in the first 10 years, b over 15 years and c state one reason why this may be an unsuitable model.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Pearson Edexcel A Level Mathematics Pure Mathematics Year 2

ISBN: 9781292183404

1st Edition

Authors: Greg Attwood, Jack Barraclough, Ian Bettison, David Goldberg, Alistair Macpherson, Joe Petran

Question Posted: