You Accept a Job as a Manager That Pays a Salary

question 24

Multiple Choice

You accept a job as a manager that pays a salary of $34,000 the first year. During the next 39 years, you receive a 4% raise each year. What would your total salary be over the 40 year period? Round answer to the nearest cent.

• A)$3,740,420.98
• B)$3,230,867.53
• C)$3,394,102.24
• D)$2,922,991.43
• E)$2,638,342.67

---

Definitions:

Google Play

A digital distribution service operated by Google, offering a variety of media, including apps, games, music, books, and movies.

Paper Mill

A facility where wood pulp is converted into paper or cardboard products.

Term Paper

A major written assignment in a school or college course, representing a student's achievement during a term.

Digital Convergence

The use of a single unifying device to handle media, Internet, entertainment, and telephony needs.