Jamison just started a new job as a firefighter earning an annual salary for 38,500.00. his contract states that he will receive a 3% salary increase every year after his first year on the job. find jamison's total earnings over the course of his first six years as a firefighter.

1st yr: 38500
38500:100%=x:3%, 100*x=38500*3, x=1155. After 2nd year Jamisons's salary is 38500+1155
2nd yr: 39655
39655:100%=x:3%, 100*x=39655*3, x=1189.65. 1189.65+39655
3rd yr: 40844.65
40844.65:100%=x:3%, x=1225.3395. 1225.3395+40844.65
4th yr: 46070
46070:100%=x:3%, x=1382.1. 1382.1+46070
5th yr: 47452.1
47452.1:100%=x:3%, x=1423.563. 1423.563+47452.1
6th yr: 48875.7
Jamison's total earnings over the course of his first six years are 261397.45