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Heather makes $6.50 per hour. Every three months, she is eligible for a 2% raise. How much will she make after 2 years if she gets a raise every time she is eligible?

Heather makes $6.50 per hour. Every three months, she is eligible for a 2% raise. How much will she make after 2 years if she gets a raise every time she is eligible?
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2 votes
Heather makes $6.50 per hour. Every three months, she is eligible for a 2% raise. How much will she make after 2 years if she gets a raise every time she is eligible?

asked
User Julx
by
7.8k points

1 Answer

3 votes

Answer:

$7.62

Explanation:

6.50*1.02^8

7.615785977

(rounds to 7.62)

answered
User Brendan Gregg
by
8.8k points
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