Solve the problem.A job pays a salary of 24,000 the first year. During the next 7 years, the salary increases by 5% each year. What is the salary for the 8th year? What is the total salary over the 8-year period? (Round to the nearest cent.)
A. $33,770.41; $195,408.20
B. $35,458.93; $195,428.20
C. $35,458.93; $264,637.54
D. $33,770.41; $229,178.61
Answer: D
Mathematics
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