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Write the formula for salary in year two?

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A new graduate has taken a job with an annual salary of? $60,000. She expects her salary to go up by? 2.5% each year for the first five years. Her starting salary is stored in cell A4 of an Excel? worksheet, and the salary increase rate is stored in cell B4. Construct a table with years 1 through 5 in cells? A6:A10 and her salary in cells? B6:B10.

Question 1: Write the formula for salary in year 2? (in cell? B7) that can be copied and pasted correctly in cells B8 through B10. Enter the formula you used in cell B7

Reference no: EM132514012

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