A football player just signed a new contract in which he will earn a 10% raise in base pay from the previous year. Last year, he did not earn a performance bonus; but this year, he will have the chance to earn a performance bonus of up to $20,000. If his new salary is effectively an 11% raise after earning the top performance bonus, what is his new salary? Choose the correct option:
A) 2,120,000  B) 2,170,000  C) 2,210,000  D) 2,220,000  E) 2,360,000
let x = the old salary   (1+.10)*x + 20,000 = (1+.11)*x   1.1x + 20,000 = 1.11x   20,000 = .01x   2,000,000 = x   the new salary is thus (1+.11)*2,000,000 = 1.11*2,000,000 = 2,220,000   2,220,000
<result>D</result>
A football player just signed a new contract in which he will earn a 10% raise in base pay from the previous year. Last year, he did not earn a performance bonus; but this year, he will have the chance to earn a performance bonus of up to $20,000. If his new salary is effectively an 11% raise after earning the top performance bonus, what is his new salary?