Question
An employee starts a job at $800 per month on January 1, 2022. At the end of three months his salary is increased 5 percent.
An employee starts a job at $800 per month on January 1, 2022. At the end of three months his salary is increased 5 percent. At the end of the sixth month, he received another 5percent increase. What is his total salary for the year?
Is the answer $10,212?
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Financial Shenanigans How To Detect Accounting Gimmicks And Fraud In Financial Reports
Authors: Howard M. Schilit, Jeremy Perler, Yoni Engelhart
4th Edition
126011726X, 9781260117264
