(a) Explain why the overall raise for this six years period is not just the sum of the six percentage increases. (b) What was the firefighters’ overall raise for the six years period?
(a) Explain why the overall raise for this six years period is not just the sum of the six percentage increases. (b) What was the firefighters’ overall raise for the six years period?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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1.On June 10, 2010 The Boston Globe reported that in the six years between 2006 and 2012 Boston firefighters received raises of 2%, 2.5%, 3%, 3.5%, 2.5% and 1.5%.
(a) Explain why the overall raise for this six years period is not just the sum of the six percentage
increases.
(b) What was the firefighters’ overall raise for the six years period?
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