Question: You currently earn $900 per month, but you are expecting your earnings to rise 20% per year. In five years, what should you expect to be earning?

Choose the correct answer below.

A. In five years, you should expect to be earning somewhat more than $1080 per month because your earnings rise 20% per year, which are added to the earnings of the previous month.

B. In five years, you should expect to be earning somewhat less than $1080 per month because your earnings rise 20% per year, which are subtracted from the earnings of the previous year.

C. In five years, you should expect to be earning exactly $900 per month because because the 20% increase in earnings does play any effect.

D. In five years, you should expect to be earning somewhat less than $900 per month because the 20% increase in earnings is very small.

E. In five years, you should expect to be earning exactly $1080 per month because your earnings rise 20% per year, or $180 dollars per year.

F. In five years, you should expect to be earning somewhat more than $900 per month because the 20% increase in earnings is very small.