Deshawn is in his fifth year of employment as a patrol officer for the metro police. his salary for his first year of employment was $47,000. each year after the first, his salary increased by 4% of his salary the previous year. part a what is the sum of deshawn's salaries for his first five years of service?

ANSWER: $254,567.14

EXPLANATION: Deshawn was in his 1st year of employment when he was paid $47,000. In his 2nd year, his salary increment was by 4% which was $ 1,880. So, the total salary for 2nd year was $48,880. His third year increment was 4% of $48,880, which was $1,955.20. The 3rd year's salary was $50,835.20. Deshawn got the fourth increment in his 4th year which was by $2,033.40. His 4th year salary stood at $52,868.60. The fifth year's salary was again increased by 4% and the amount by which it increased was $2,114.74. The net salary at the end of 5th year came to $54,983.34

Now, adding all the salaries he earned in the 5 years, the calculation will be $47,000 + $48,880 + $50,835.20 + $52,868.60 + $54,983.34 = $254,567.14

answer; i believe that the correct answer is ( secondary research); //

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know