document.write( "Question 985506: You earn $15.00 per hour at your job. If you get a 15% raise at the end of each year, what will your hourly rate, h, be after 6 years? \n" ); document.write( "

Algebra.Com's Answer #606348 by Boreal(15235) $\"\"$ $\"About$

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P=Po{1+0.15}^6; 1.15^6=2.31.
\n" ); document.write( "Without rounding until the end, the rate will be $34.70/hr after 6 years. \n" ); document.write( "

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