document.write( "Question 1087571: In a recent year, the average annual earnings for a worker with a college degree were $37,000. This represents an 85% increase over the average annual earnings for a high school graduate that year. Find the average annual earnings for a high school graduate that year. \n" ); document.write( "
Algebra.Com's Answer #702039 by Theo(13342)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( "let x = the average annual salary of the high school graduate that year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the average annual salary of the college graduate was 85% more than that in the same year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "therefore, x + .85 * x = 37,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "factor out the x to get (1 + .85) * x = 37,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "combine like terms to get 1.85 * x = 37,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "divide both sides of this equation by 1.85 to get x = 37000 / 1.85 = 20,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the high school graduate earned 20,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "85% of this is equal to 20,000 * .85 = 17,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the college graduate earned 17,000 more than 20,000 which is equal to 37,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your solution is that the average annual salary of a high school graduate was 20,000 that year.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |