If you earn $3250 per month and you expect your earnings to increase by 2.2% per year, how much do you think you will be making in 4 years?

$42546.9 will be the earning in 4 years.

Step-by-step explanation:

The equation for compound interest follows:

where,

A = total amount

P = Principle amount

r =  rate of interest

n = number of years

We are given:

Earnings earned per month = $3250

Earnings earned per year = ($3250 × 12) = $39000

The values become:

Putting values in above equation, we get:

Hence, $42546.9 will be the earning in 4 years.

60%