A major pharmaceutical company generously gives their employees an increase in salary each year equivalent to 1/20 of their current

A major pharmaceutical company generously gives their employees an increase in salary each year equivalent to 1/20 of their current salary. If Mary’s new salary will be $50,400 after the increase, how much does she currently earn? Define a variable for current salary and then write and solve an equation to find her current salary‚Äč


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