Kana earns a $25,000 salary in the first year of her career. each year, she gets a 4% raise. how much does kana earn in the first 10 year of her career? (round the final answer to the nearest dollar)

The amount is $300,152.68.

Explanation:
This can be represented as a geometric sequence, with a common ratio of 1.04. This is because she earns 100% of her previous salary plus an extra 4% each year; 104%=104/100 = 1.04.

The explicit form of the sequence would be
25000(1.04)ⁿ⁻¹,

where n is the number of years. We want the sum of the first ten years, so we want


Using technology, this comes out to $300,152.68.