SOLUTION: You work for a company and your employer has decided to give everyone working under him a raise. His tow possibilities are to: (1) raise the salary by $2 per hr and then raise the
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Question 214237: You work for a company and your employer has decided to give everyone working under him a raise. His tow possibilities are to: (1) raise the salary by $2 per hr and then raise the salary by 10% or (2) raise the salary by 10% and then give and additional $2 per hr. Plot a graph of both of these salaries. Which is better for the employees? Which is better for the employer?
*Personal Note*:
am i supposed to make a exponential growth for linear change formula to conclude what best fits? Answer by rfer(16322) (Show Source):
You can put this solution on YOUR website! The easiest way to understand this problem is to plug in some values.
(10+2)(1.10)=13.20
(10)(1.10)+2=13.00
I will let you answer the questions.