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A New Employee Is Offered Two Salary Packages

Question 50

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A new employee is offered two salary packages. Both start with an initial salary of $43,000. Package A offers a $2000 increase each year. Package B offers a 4% increase each year. After 11 years, the annual salary with package A would be ---------$ and the annual salary with package B would be$ -----------.Round both answers to the nearest dollar.

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Part A: 65...

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