Question

12. Mr.Xavier joins as a clerk in a company on his 24th Birthday.
He is assured a starting salary of Rs. 3600 and an annual increment of Rs. 300.
Assuming the retirement age is 60 years, Find the last month salary of his service.

Answer 1

Answer:

64230.05

Step-by-step explanation:

$3600(1 + \frac{25}{300}) {}^{36} \\ \\ = 64230.05$