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Jamar just got hired for a new job and will make $ 48 , 000 $48,000 in his first year. Jamar was told that he can expect to get raises of $ 3 , 500 $3,500 every year going forward. How much money in salary would Jamar make in his 18th year working at this job?

Respuesta :

ajinems

The amount of money Jamar will make in his 18th year working at this job is = $107,500

Calculation of yearly salary outcome

The amount of money Jamar made in his first year= $48,000

The salary rise per year = $3,500

The amount of money he will make for the extra 17 years is = 17 × $3,500

= $59,500

Therefore the amount he will receive as his salary in the 18th year working at this job = $48,000 + $59,500

= $107,500

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