The Solution.
In 1966, which is the initial year(t); t = 0, and minimum wage(y), y = $1.25
Similarly.
In 2015, t = 49 years , (that is, 1966 to 2015), and y = $8.75
The rate of growth to the nearest percent is


Substituting into the formula above, we get


Hence, the correct answer is 15%
Are you trying to find the maximum height? The time it will be to reach the maximum height? I'm pretty confused at what you need help with right now
<h2>Steps</h2>
So here are a couple expressions when a value changes by percentage (p = percentage in decimal form and m = original value):
- When <em>decrease</em>: (1 - p)m
- When <em>increase</em>: (1 + p)m
So firstly, the $80 share dropped by 15%. Since this is a <em>decrease</em>, follow the appropriate expression:

<em>On Tuesday, the share went from $80 to $68</em>
Next, on Wednesday the share increased by $7. With this, just add $68 and 7.

<em>On Wednesday, the share went from $68 to $75</em>
Lastly, on Thursday the share increased by 12%. Since this is an <em>increase</em>, follow the appropriate expression:

<h2>Answer</h2>
<u>The final price of the share is $84.</u>
Answer:
86
Step-by-step explanation:
(2+2=4) 4 to the 3rd power is 64. 150 minus 64 is 86