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An engineering graduate, starting work on January 1, 2020, accepts an annual starting salary of $70,000....

An engineering graduate, starting work on January 1, 2020, accepts an annual starting salary
of $70,000. Assume that this salary is increased annually by 2.5 %. Determine: (a) her annual
salary in her 50th year of employment, and (b) the total amount of money earned during the midcareer
employment years of 21 through 30.

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