You earn $20.00 per hour at your job. If you get a 10% raise at the end of each year, what will your hourly rate, h, be after 8 years? Use the equation h=c(1+r)^t where C is the beginning hourly rate, r is the growth rate, and t is time in years.

A.
$36.00
B.
$22.00
C.
$47.27
D.
$42.87

Question

You earn $20.00 per hour at your job. If you get a 10% raise at the end of each year, what will your hourly rate, h, be after 8 years? Use the equation h=c(1+r)^t where C is the beginning hourly rate, r is the growth rate, and t is time in years.


A.
$36.00
B.
$22.00
C.
$47.27
D.
$42.87

anonymous · Answer

@Godlovesme @EmogirlAtEmoooocow @IrishBoy123

nnesha · Answer

t = time  which is what in the question ?
r = growth rate (first change percent to decimal) 
c= beginning hourly rate which is 20.00

nnesha · Answer

are you there ??