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At the end of 2 0 2 1 , 2 0 2 1 , Samer earned an annual salary of $ 4 0 , 5

At the end of 2021,2021, Samer earned an annual salary of $40,500.40,500. He received the following increases in 20222022 and 20232023:
 
2022 4%20224%
 
2023 5%20235%
 
Please calculate his annual salary at the end of 20232023 if these increases, he received were merit pay.

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