Jared is correct. 10 stands for y, which needs to be tested by the other y factor on the other side, thus making this equation possible.
Answer:
D.6
Step-by-step explanation:
Answer:
337.5%
Step-by-step explanation:
9514 1404 393
Answer:
Step-by-step explanation:
For some growth factor f each year, the growth factor over 20 years is given as ...
f^20 = 1 +0.51 = 1.51
Then the growth factor in 10 years is ...
f^10 = (f^20)^(1/2) = √1.51 ≈ 1.22882
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a) In the 10 years between 1998 and 2008, the price of a basic haircut would rise to ...
$18 × 1.22882 ≈ $22.12 . . . price in 2008
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b) In the 10 years between 2003 and 2013, the price of a basic haircut would rise to ...
$19.95 × 1.22882 ≈ $24.51 . . . price in 2013
