• 12 SEP 18
• 0

## You currently earn ​\$1400 per​ month, but you are expecting your earnings to rise 40​% per year. In five​ years, what should you expect to be​ earning?

You currently earn ​\$1400 per​ month, but you are expecting your earnings to rise 40​% per year. In five​ years, what should you expect to be​ earning?

A.
In five​ years, you should expect to be earning exactly ​\$1960  per month because your earnings rise 40​% per​ year, or ​\$560 dollars per year.
B.
In five​ years, you should expect to be earning exactly ​\$1400 per month because because the 40​% increase in earnings does play any effect.
C.
In five​ years, you should expect to be earning somewhat more than ​\$1400 per month because the 40​% increase in earnings is very small.
D.
In five​ years, you should expect to be earning somewhat less than ​\$1960 per month because your earnings rise 40​% per​ year, which are subtracted from the earnings of the previous year.

E.
In five​ years, you should expect to be earning somewhat less than ​\$1400 per month because the 40​% increase in earnings is very small.
F.
In five​ years, you should expect to be earning somewhat more than ​\$1960 per month because your earnings rise 40​% per​ year, which  are added to the earnings of the previous month.