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2. Jacob currently has a summer job earning $8 per hour. Each summer he is guaranteed a
5% increase over the previous summer.
A. What is the initial value of Jacob's hourly rate?
B. By what number is his hourly rate multiplied each year?
Explain.
C. What function models Jacob's hourly rate, y, in year 1?_
Explain.

Respuesta :

Jesus701

Answer:

look at step by step

Step-by-step explanation:

A. the initial value of Jacob's hourly rate is the $8.

B. Hourly rate is multiplied by .05 (.05=5%) each year.

C.  it would be $8*.05 and his earning per hour in a year would be $8.40

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