Ask Question
4 March, 18:49

You earn $21.00 per hour at your job. If you get a 9% raise at the end of each year, what will your hourly rate, h, be after 5 years? Use the equation h = C (1 + r) ^t where C is the beginning hourly rate, r is the growth rate, and t is time in years.

+1
Answers (1)
  1. 4 March, 20:57
    0
    Plug in the info given and solve:

    h = 21 (1.09) ^5

    h = $32.31
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You earn $21.00 per hour at your job. If you get a 9% raise at the end of each year, what will your hourly rate, h, be after 5 years? Use ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers