Find the amount of time after which he will be earning

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Suppose that a new employee starts working at ?$7.12 per hour and receives a 5% raise each year. After time? t, in? years, his hourly wage is given by the equation y equals $ 7.12 (1.05)^ t Find the amount of time after which he will be earning? $10.00 per hour.

Reference no: EM131362028

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