To find the final salary after receiving a series of raises, we'll apply the following steps:

Initial salary: $59,942.

1. First, apply the 0.9% raise 4 times: Each time you get a raise of 0.9%, your new salary becomes:

   $\text{New Salary} = \text{Current Salary} \times (1 + 0.009)$ After 4 raises of 0.9%, your salary becomes:

   $S_1 = 59,942 \times (1 + 0.009)^4$

2. Next, apply the 1.8% raise 7 times: After the 0.9% raises, we apply a 1.8% raise. The formula for each raise becomes:

   $\text{New Salary} = \text{Current Salary} \times (1 + 0.018)$ After 7 raises of 1.8%, your salary becomes:

   $S_{\text{final}} = S_1 \times (1 + 0.018)^7$

Let's calculate the final salary.After applying 4 raises of 0.9% and 7 raises of 1.8%, your final salary would be approximately $70,393.14.

Would you like further details or have any questions?

Here are five related questions:

1. How would the final salary change if the raises were applied in reverse order?
2. What would be the salary after just the 4 raises of 0.9%?
3. How much more would you earn annually after 5 years if your starting raise was 1.8% instead of 0.9%?
4. What is the total percentage increase in salary after all the raises?
5. How long would it take to double your salary if you continue receiving 1.8% raises?

Tip: Compound interest (or compound growth) is powerful over time, even small percentages can make a big difference with repeated application.