SOLUTION: I would be grateful to receive some help on this particular problem, thank you!
Suppose that a new employee starts working at ​$7.44 per​ hour, and receives a 5̴
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Suppose that a new employee starts working at ​$7.44 per​ hour, and receives a 5̴
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Question 1130477: I would be grateful to receive some help on this particular problem, thank you!
Suppose that a new employee starts working at $7.44 per hour, and receives a 5% raise each year. After time t, in years, his hourly wage is given by the function P(t)=$7.44(1.05)t.
a) Find the amount of time after which he will be earning $10.00 per hour.
b) Find the doubling time.
A)After what amount of time will the employee be earning $10.00 per hour?___years
(Round to the nearest tenth of a year
B)Doubling time___ Answer by josgarithmetic(39613) (Show Source):
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