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%
Answer:
a=4
Step-by-step explanation:
what minus 4=8? its 12. 12-4=8 so
what times 3 is 12? 4.
3*4=12
12-4=8
a=4
<span>For the Oliver Company to break even, the total revenue must equal the sum of the variable costs and the fixed cost. Mathematically, this can be represented as:
Total revenue = 0.4*(Total revenue) + (Fixed Costs)
Let the number of units sold be x. then,
7*x = 0.4*(7*x) + 6300
Thus, x = 6300/(0.6*7) = 1500 units.
Thus the company will have to sell 1500 units to break even.</span>
Answer:
S = v1 t1 = 7 t1 traveling downstream
S = v2 t2 = 5 t2 traveling upstream
7 t1 = 5 t2
7 (6 - t2) = 5 t2 since t1 + t2 = 6
42 - 7 t2 = 5 t2
t2 = 42 / 12 = 3.5 hrs so t1 = 2.5 hrs
S = 7 t1 = 7 * 2.5 = 17.5 mi
Also, S = 5 t2 = 5 * 3.5 = 17.5 mi
The third option makes the most sense because 2 times what ted would be 2x plus 8 more. 2x+8