Question

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. Jason wants to join the construction work force after he graduates in 2012. His friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. Based on the data below, assuming that the projected hourly earnings are correct, is Jason’s friend’s statement accurate?

Answer 1

Jason's friend's statement is not accurate. The average hourly earnings for a construction worker is projected to be $24.50 in 2012. Taking into account the 2% increase in average hourly earnings from 2009 to 2012, the average hourly earnings in 2009 would be $24.02.

Step-by-step explanation:

Jason's friend's statement is not accurate. The average hourly earnings for a construction worker is projected to be $24.50 in 2012. If we assume that the projected hourly earnings are correct, and taking into account the 2% increase in average hourly earnings from 2009 to 2012, we can calculate the average hourly earnings in 2009 as follows:

Let x be the average hourly earnings in 2009.

Then, x + 2% of x = $24.50.

Writing this equation in mathematical terms, we have:

x + 0.02x = $24.50

Simplifying the equation, we get:

1.02x = $24.50

Dividing both sides of the equation by 1.02, we find:

x = $24.02

Therefore, the average hourly earnings in 2009 is $24.02.

Answer 2

correct it is b!!!

Step-by-step explanation: