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Find the final hourly wage if a $10.50 starting wage is increased by 4.5% every 6 months for 9 years. The final wage is $ I Round answer to 2 decimal places Submit Question

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Find the final hourly wage if a $10.50 starting wage is increased by 4.5% every 6 months for 9 years.
The final wage is $
I
Round answer to 2 decimal places
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