A manufacturing plant earned $80 per a man-hour of labor when it opened. Each year, the plant earns an additional 6% per man-hour. Which expression gives the amount the plant earned per a man-hour of labor 3 years after it opened?

The expression gives the amount the plant earned per a man-hour of labor 3 years after it opened.

Step-by-step explanation:

Given:

Amount earned by Manufacturing Plant = $80/per man -hour labor

Percent increase in Amount earned by Manufacturing Plant each year = 6%

We need to find the expression gives the amount the plant earned per a man-hour of labor 3 years after it opened.

Solution:

Now we will use the expression;

Where;

⇒ Amount after t years

   ⇒ Initial amount

   ⇒ rate of change in amount

    ⇒ Amount of time

In The given data;

t =

So we can say that;

To find the amount the plant earned per a man-hour of labor 3 years after it opened we will substitute the value of t as 3.

Hence The expression gives the amount the plant earned per a man-hour of labor 3 years after it opened.

0.038

step-by-step explanation: