+++ 2000 2010 1950 1960 1970 1980 1990 Year Minimum wage (in dollars)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.5: The Binomial Theorem
Problem 3E
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Question

Use the graph below, which
shows the minimum wages in the United States (in
dollars) from 1950 through 2015. (Source: U.S.
Department of Labor)

(a) Which decade shows the greatest increase in the
minimum wage?
(b) Approximate the percent increases in the minimum
wage from 1985 to 2000 and from 2000 to 2015.
(c) Use the percent increase from 2000 to 2015 to
predict the minimum wage in 2030.
(d) Do you believe that your prediction in part (c) is
reasonable? Explain.

+++
2000 2010
1950 1960
1970 1980
1990
Year
Minimum wage (in dollars)
Transcribed Image Text:+++ 2000 2010 1950 1960 1970 1980 1990 Year Minimum wage (in dollars)
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