In 2012 the minimum wage in Arizona was $7.65. If we assume the growth of this minimum
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In 2012 the minimum wage in Arizona was $7.65. If we assume the growth of this minimum wage is exponential and is growing at the rate of 2%, then the length of time until the minimum wage reaches d dollars is modeled by the formula
In what year would you expect the minimum wage to be $8.25?
Transcribed Image Text:
t = 50 In d 7.65
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