Solve the problem.A job pays a salary of 26,000 the first year. During the next 8 years, the salary increases by 5% each year. What is the salary for the 9th year? What is the total salary over the 9-year period? (Round to the nearest cent.)
A. $40,334.53; $327,025.21
B. $38,413.84; $286,690.67
C. $40,334.53; $248,296.83
D. $38,413.84; $248,276.83
Answer: B
Mathematics
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