A worker has four different job offers, each with a contract for seven years. Assuming the job descriptions are identical, which offer will allow the worker to earn the least over seven years?

Answer:The least attractive offer is the fourth case a starting salary of $105,000 with a 4% increase each yearStep-by-step explanation:I attach the full question belowThis question can be modeled as a geometric sequence over seven yearsFormula and the general formula will be:R = k[(1+i)^n - 1]/iWhere i represents the increase in percentage annualy, n the number of yearsk the initial amount at the start of the periodFirst case(125,000)(1.02^7 - 1)/0.02 = $929,285.4Second case(110,000)(1.03^7 - 1)/0.03 = $842,870.8Third case(98,000)(1.08^7 - 1)/0.08 = $874,434.7Fourth case(105,000)(1.04^7 - 1)/0.04 = $829,320.9The least attractive offer is the fourth case a starting salary of $105,000 with a 4% increase each year