listed below are three jobs and their annual pay for this year. Assume that earnings will keep pace with inflation (3 percent a year) and be boosted by an additional 2 percent each year in raises. Then answer each question.
Kindergarten teacher $37,500
Computer Programmer $44,700
Auto assembly worker $27,000
in 10 years the computer programmers salary will be ___ ?
A. $72,811.59
B. 80,000.00
C. $70,501.77
D. 75,610.10
How did you calculate your answer?