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A recent college grad accepts a job at Google Inc. The job has a salary of $50,000 and is guaranteed an annual
pay increase of 3%. What will their salary be after 7 years?
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Answer

$60500

Step-by-step explanation:

$50,000÷100=500           1%=500

500x21(3%x7)=10500

$50,000+$10500=$60500