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2 years ago

7

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 y

ears? 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 answer:

NikAS [45]2 years ago

3 0

Plug in the info given and solve:

h = 21(1.09)^5
h = $32.31

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