8. Assume your annual salary increases by a fixed percentage at the end of each year and that it takes eight years for your salary to double. The percentage rate r (as a decimal) of your annual salary increase is given by (B) 8ln (2) - 1 (D) 8 (2-1) (A) 2. - 1 In (2) (C) es

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8. Assume your annual salary increases by a fixed percentage at the end of each year and that
it takes eight years for your salary to double. The percentage rater (as a decimal) of your
annual salary increase is given by
(A) 2 – 1
(B) 8ln (2) - 1
(D) 8 (2-1)
(C)
e
In (2)
8
Transcribed Image Text:8. Assume your annual salary increases by a fixed percentage at the end of each year and that it takes eight years for your salary to double. The percentage rater (as a decimal) of your annual salary increase is given by (A) 2 – 1 (B) 8ln (2) - 1 (D) 8 (2-1) (C) e In (2) 8
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