Calculate the wage per month in a 5 month span where months 4 and 5 had a 4% inc

Accounting
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$50,000 = total wages for 5 months.  1, 2, & 3 equal,  and 4, 5 equal with a 4% increase. what is the wage in each month?

Jul 11th, 2015

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let the per month salary is $ x

hence  first 3 month salary = x+x+x = 3x

fourth month  salary 4% increase =  1.04 x

Fifth month salary  = 1.04 (1.04x) = 1.0816 x

total salary received = 50000

hence 3x +1.04x +1.0816x = 50000

5.1216x = 50000

x = 9762.574   ( Salary of 1 , 2 & 3 month)

1.04x = 10153.077 (salary of 4th month)

1.0816x =  10559.2 (salary of 5th month)


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