Concept explainers
Solve the following problems. (See Examples 3, 4, and 5.)
Trucking Pay According to data from the National Transportation Institute, the average annual pay for truckers P (in thousands of dollars) can be approximated by
where x is the number of years since 2000. Find the pay for the following years.
Assuming the trend continues, find the following.
The first full year when annual pay recovered to be above $60 thousand.
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