If output per laborhour increases by 5 percent com- pounded annually and is currently 100 units per la- borhour, what was output per laborhour 5 years ago?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.2: Writing And Solving Problems
Problem 9C
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If output per laborhour increases by 5 percent com-
pounded annually and is currently 100 units per la-
borhour, what was output per laborhour 5 years ago?
78.
Transcribed Image Text:If output per laborhour increases by 5 percent com- pounded annually and is currently 100 units per la- borhour, what was output per laborhour 5 years ago? 78.
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