a) At the beginning of this decade, there were 7,000 wind turbine technicians in the United States. How many are there projected to be by the end of the decade? b) 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. c) Using your answers from part b), what was the overall percent increase in the median salary for solar panel installers after three full years? Round your answer off to the nearest whole percent.
a) At the beginning of this decade, there were 7,000 wind turbine technicians in the United States. How many are there projected to be by the end of the decade? b) 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. c) Using your answers from part b), what was the overall percent increase in the median salary for solar panel installers after three full years? Round your answer off to the nearest whole percent.
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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