Answer:
3:2
Step-by-step explanation:
Yes a ratio is a rate
200,000 = 158,000(1.06)^x
Divide both sides by 158,000
1.2658 = 1.06^x
Take the log of both sides and use the power rule to bring down the exponent (x) to the front.
log 1.2658 = x log 1.06
Divide both sides by log 1.06
log (1.2658)/log(1.06) = x
x = 4 years
CHECK
y = 158,000(1.06)^4
y = 199,471.36
Really bad according to the BLS, the average secondary school teacher in the U.S. earns an annual salary of $56,760. A 40-hour work week employee would have to earn $27.28 per hour to earn as much over the course of a year.
