Answer:
The amount Shane expects to make when his apprenticeship is over in four years is $60,500 a year
Step-by-step explanation:
The given information are;
The duration of Shane's apprenticeship = 4 years
The amount a master plumber makes = $55,000 a year
The expected salary increase in the next four years = 10%
Given that Shane can only be a master plumber after he completes his apprenticeship which is after four years, we have;
The amount Shane expects to make = 10% more than the current $55,000 a year
∴ Given that the current $55,000 can be represented as 100%, we have;
The amount Shane expects to make = 110/100 × $55,000 = $60,500 a year
The amount Shane expects to make when his apprenticeship is over in four years = $60,500 a year.
