Susan gets a job upon completion of her MSME degree with a mechanisms design firm. Her starting salary is $70,000; each successive year she gets a 5% raise. Assuming she deposits 10% of her salary...


Susan gets a job upon completion of her MSME degree with a mechanisms design firm. Her starting salary is $70,000; each successive year she gets a 5% raise. Assuming she deposits 10% of her salary each year into a fund earning 8% interest, how much money will she have in 10 years for donation to her university?



Jun 06, 2022
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