Top Posters
Since Sunday
R
11
g
10
a
10
d
10
y
10
n
10
p
9
d
9
M
9
S
9
S
9
s
9
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
arunasingh5 arunasingh5
wrote...
Go to Answer
Posts: 92
Rep: 2 0
3 months ago
Your co-worker discovered an old pay statement from seven years ago. Their monthly salary at the time was $3,540 versus their current salary of $5,200 per month. At what (equivalent) compound annual rate has their salary grown during the period?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 25 times
1 Reply
Replies
Answer verified by a subject expert
ecunis1ecunis1
wrote...
#1
Posts: 94
Rep: 0 0
3 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
5.65% compounded annually
1

Related Topics

arunasingh5 Author
wrote...

3 months ago
Smart ... Thanks!
jmelchor77
wrote...

Yesterday
Thanks
ediblefruitz
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  232 People Browsing
 267 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1067
  
 7765
  
 374
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 175
Previous poll results: Where do you get your textbooks?