Bentley just got hired for a new job and will make $85,000 in his first year. Bentley was told that he can expect to get raises of $5,000 every year going forward. How much money in salary would Bentley make in his 10th year working at this job?Answer: $ \(\square\)
Q. Bentley just got hired for a new job and will make $85,000 in his first year. Bentley was told that he can expect to get raises of $5,000 every year going forward. How much money in salary would Bentley make in his 10th year working at this job?Answer: $ \(\square\)
Initial Salary Calculation: Bentley's initial salary is $85,000. We need to calculate the total raises he will receive over 10 years to determine his salary in the 10th year.
Annual Raise Calculation: Bentley gets a raise of $5,000 every year. To find the total amount of raises after 10 years, we multiply the annual raise by the number of years.Calculation: $5,000×(10−1)=$5,000×9
Total Raises Calculation: We subtract 1 from the number of years because Bentley does not get a raise in his first year; the raises start from the second year.Calculation: \$\(5\),\(000\) \times \(9\) = \$\(45\),\(000\)
Final Salary Calculation: Now, we add the total amount of raises to Bentley's initial salary to find his salary in the \(10^{\text{th}}\) year.\(\newline\)Calculation: \(\$85,000 + \$45,000 = \$130,000\)
More problems from Multiply and divide decimals: word problems