If you earn $3250 per month and you expect your earnings to increase by 2.2% per year, how much do you think you will be making in 4 years?

$42546.9 will be the earning in 4 years.

Step-by-step explanation:

The equation for compound interest follows:

where,

A = total amount

P = Principle amount

r =  rate of interest

n = number of years

We are given:

Earnings earned per month = $3250

Earnings earned per year = ($3250 × 12) = $39000

The values become:

Putting values in above equation, we get:

Hence, $42546.9 will be the earning in 4 years.

b

2

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b

3

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7

b

2

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14

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6

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3

b

3

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7

b

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14

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6

%

step-by-step explanation:

step-by-step explanation:

if you meant, "on the way from (3, 2) to (3, 14):

x does not change; y increases by 12.

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