Question: Please help to tempts: Average: 14 Do the Math 1-2 Do the Math 1-2 Future Value As a graduating senior, Chun Kumora of Manhattan, Kansas,
to tempts: Average: 14 Do the Math 1-2 Do the Math 1-2 Future Value As a graduating senior, Chun Kumora of Manhattan, Kansas, is eager to enter the job market at an anticipated annual salary of $55,000. Assuming an average inflation rate of 3 percent ang an equal cost-of-living raise, what will his salary possibly become in 13 years? (Hint: Use Apperdix A. 1.) Round your answer to the nearest dollar. Round Future value of a Single Amount in What will his salary be in 19 years? Round your answer to the nearest dollar, Round Future value of a Single Amount in intermediate calculations to four decimal places. To make real progress, how much of a raise (in dollars) does Chun need to receive next year and the year after? Round your answers to the nearest dollar Chun must receive raise greater than $ for the next year and greater than $
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