A company pays each of its employees $600 in a month. The company has a policy of increasing the salaries of each of its employees by 10% of the initial salary every year for those who've stayed in the company for five years. If Sylvie just clocked 5 years in the company last December, what's her annual salary after three more years of service?
In a month, Sylvie earns $600. which totals $600/month * 12 months/year = $7200 in a year.
Sylvie earnings will increase by 10/100 * $7200/year = $
<gadget id="calculator">10/100*7200</gadget>
<output>720</output>
720/year after 5 years.
In three years, the total increase in her salary will be 3 years * $720/year = $
<gadget id="calculator">3*720</gadget>
<output>2_160</output>
2160.
After three years, Sylvie will be paid $7200 + $2160 = $
<gadget id="calculator">7200+2160</gadget>
<output>9_360</output>
9360.

<result>9_360</result>