If a worker who has an annual salary of $58,000 does not get any other salary adjustments besides a 2.2% annual cost of living increase, how many years from now would we expect the worker to have a salary of $85,000? Round to the nearest whole year.
If a worker who has an annual salary of $58,000 does not get any other salary adjustments besides a 2.2% annual cost of living increase, how many years from now would we expect the worker to have a salary of $85,000? Round to the nearest whole year.
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
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If a worker who has an annual salary of $58,000 does not get any other salary adjustments besides a 2.2% annual cost of living increase, how many years from now would we expect the worker to have a salary of $85,000? Round to the nearest whole year.
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