Solve the problem.A job pays a salary of 30,000 the first year. During the next 11 years, the salary increases by 4% each year. What is the salary for the 12th year? What is the total salary over the 12-year period? (Round to the nearest cent.)

A. $46,183.62; $450,774.16
B. $48,030.97; $498,805.13
C. $46,183.62; $404,590.54
D. $48,030.97; $404,615.54


Answer: A

Mathematics

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