Several of the U.S. occupations that are projected to have the fastest job growth during the decade of the 2020’s are in either the medical or the renewable energy sectors of the economy. For example, the Federal Bureau of Labor Statistics (BLS) projects that “wind turbine service technicians” will be the fastest growing occupation during the decade, with an expected growth rate of 64% after 10 years. “Solar panel installers” is projected to be the third-fastest growing occupation, with an expected growth rate of 51% . Meanwhile, “nurse practitioners” ( projected growth), “occupational therapy assistants” (35% projected growth), and “home health and personal care aides” (34% projected growth) are all among the six occupations projected to grow the fastest. The median pay of a solar panel installer was $46,000 per year at the beginning of the decade. Suppose that, due to the increased demand for solar energy the median salary for solar panel installers increases by 11% for each of the next three years. What would the median salary for a solar panel installer be after one year? After two years? After three years? Round your answers off to the nearest cent
Several of the U.S. occupations that are projected to have the fastest job growth during the decade of the 2020’s are in either the medical or the renewable energy sectors of the economy. For example, the Federal Bureau of Labor Statistics (BLS) projects that “wind turbine service technicians” will be the fastest growing occupation during the decade, with an expected growth rate of 64% after 10 years. “Solar panel installers” is projected to be the third-fastest growing occupation, with an expected growth rate of 51% . Meanwhile, “nurse practitioners” ( projected growth), “occupational therapy assistants” (35% projected growth), and “home health and personal care aides” (34% projected growth) are all among the six occupations projected to grow the fastest. The median pay of a solar panel installer was $46,000 per year at the beginning of the decade. Suppose that, due to the increased demand for solar energy the median salary for solar panel installers increases by 11% for each of the next three years. What would the median salary for a solar panel installer be after one year? After two years? After three years? Round your answers off to the nearest cent
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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Several of the U.S. occupations that are projected to have the fastest job growth during the decade of the 2020’s are in either the medical or the renewable energy sectors of the economy. For example, the Federal Bureau of Labor Statistics (BLS) projects that “wind turbine service technicians” will be the fastest growing occupation during the decade, with an expected growth rate of 64% after 10 years. “Solar panel installers” is projected to be the third-fastest growing occupation, with an expected growth rate of 51% . Meanwhile, “nurse practitioners” ( projected growth), “occupational therapy assistants” (35% projected growth), and “home health and personal care aides” (34% projected growth) are all among the six occupations projected to grow the fastest.
- The median pay of a solar panel installer was $46,000 per year at the beginning of the decade. Suppose that, due to the increased demand for solar energy the median salary for solar panel installers increases by 11% for each of the next three years. What would the median salary for a solar panel installer be after one year? After two years? After three years? Round your answers off to the nearest cent.
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