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Math Club Power Point

Published on Nov 19, 2015

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Emilio started a job July 1st , 2000 at a salary of $40,000.
If he got an increase of 10% each year , what year will his salary exceed $80,000?

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First , we need to find 10% of $40,000. To find this out we need to move the decimal one place to the left or just divide by 10 .

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Now we add 10% of $40,000 and add it back into $40,000 . That equals Emilio's salary for 2001.

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Now we just repeat this step till we find the answer. The answer is 2008 . In 2008 Emilio's salary will be $85,743.55

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Ashlee Knox