From 1995-2005, the hourly pay for lifeguards at an outdoor swimming pool increased by 2% per year. The hourly pay, P(t), in dol
lars, t yr after 1995 is given by P(t)=5.60(1.02)t. What was the hourly pay for the lifeguards in 2,001?
1 answer:
Answer:
The hourly pay for the lifeguards in 2001 was of $6.31.
Step-by-step explanation:
The hourly pay, in dollars, in t years after 1995, is given by the following equation:

What was the hourly pay for the lifeguards in 2,001?
2001 is 2001 - 1995 = 6 years after 1995. So this is P(6).


The hourly pay for the lifeguards in 2001 was of $6.31.
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