Answered: Beginning January 1, 1982, Mr. Cruz's…

Beginning January 1, 1982, Mr. Cruz's salary is increased by 30.01% every two years. When counting backwards from that date, when will his pay be just over twice as much as it was before?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 16E

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Q)Beginning January 1, 1982, Mr. Cruz's salary is increased by 30.01% every two years. When counting backwards from that date, when will his pay be just over twice as much as it was before?

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