Tait earns $89,000 this year. He gets a cost of living raise to compensate for yearly inflation of 396. What will his raise be next year?

the least value out of the data shown is 5, maybe if you post a picture with it i could a little more.

step-by-step explanation:

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

a ≈ 172.05

step-by-step explanation:

the pictures.