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Find the final hourly wage if a $ 11.50 starting wage is increased by 6 % each year for 10 years.

Find the final hourly wage if a $ 11.50 starting wage is increased by 6 % each year for 10 years.
45.2k views
2 votes
Find the final hourly wage if a

$
11.50
starting wage is increased by
6
%
each year for
10
years.

User Sergio Pelin
by
8.3k points

1 Answer

4 votes
The answer is 12.10 dollars an hour
User Tomas Kulich
by
8.6k points
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