Use the formula for the nth term of a geometric sequence to solve the problem.You are offered a job that pays $28,000 for the first year with an annual increase of 5% per year beginning in the second year. That is, beginning in year 2, your salary will be 1.05 times what it was in the previous year. What can you expect to earn in your seventh year on the job? Round answer to the nearest dollar.

A. $35,736
B. $39,399
C. $41,369
D. $37,523


Answer: D

Mathematics

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C.
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Mathematics