According to a study, each additional year of education increases one's income by 18%. Therefore, with x extra years of education, your income will be multiplied by a factor of  1.18x. How many additional years of education are required to double your income? That is, find the x that satisfies 1.18x = 2. (Round your answer to one decimal place.)   Yrs=

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.3: Quadratic Equations
Problem 82E
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According to a study, each additional year of education increases one's income by 18%. Therefore, with x extra years of education, your income will be multiplied by a factor of  1.18x.

How many additional years of education are required to double your income? That is, find the x that satisfies 1.18x = 2. (Round your answer to one decimal place.)

 

Yrs=

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