You earn $20.00 per hour at your job. if you get a 10% raise at the end of each year, what will your hourly rate, h, be after 8 years? use the equation 2003-20-05-00-00_files/i01.jpg, where c is the beginning hourly rate, r is the growth rate, and t is time in years.
a.
$36.00
b.
$22.00
c.
$47.27
d.
$42.87