Answer to Question #56684 in Algebra for Jeff

Question

9: If your starting salary were $40,000 and you received a 3% increase at the end of every year for 15 years, what would be the total amount, in dollars, you would have earned over the first 16 years that you worked?
Round your answer to the nearest whole dollar, and express your answer without using commas.
Answer: $_______

10: In a geometric sequence, the term ^a + 1 can be smaller than the term ^a n
A: False
B: True