The average annual rate at which the initial salary offered in Software, incre

Question

The average annual rate at which the initial salary offered in Software, increases

Options:

A . 21%

B . 33%

C . 16.3%

D . 65%

Answer: Option C
:
C

Go from answer options. Factor Multiplication= $\frac{864}{529}$ = 1.6

$(1.2)^{5}$ = 2.5 ( here we should get 1.6)

Answer is less than 20. Answer is option c

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