Consider a job offer with a starting salary of $37,700 and a given annual raise of $2325.Determine the total compensation from the company through three full years of employment.
A) $366,700
B) $312,725
C) $77,725
D) $423,000
E) $120,075

Question

Quizplus · Accepted Answer

The total compensation over three years is calculated by summing the starting salary and the raises for each year: $37,700 + ($37,700 + $2,325) + ($37,700 + 2*$2,325) = $120,075.

Consider a Job Offer with a Starting Salary of $37,700