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Problem #886
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886

A woman’s basic salary for her first year with a particular company is $30,000 and at the end of the year she also gets a bonus of $600.

(a) For her first year, express her bonus as a percentage of her basic salary.

At the end of each complete year, the woman’s basic salary will increase by 3% and her bonus will increase by $100.

(b) Express the bonus she will be paid at the end of her 24th year as a percentage of the basic salary paid during that year.

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