Question 1 of 3Hard
In 2008, Zinah earned 14% more than in 2007, and in 2009 Zinah earned 4% more than in 2008. If Zinah earned y times as much in 2009 as in 2007, what is the value of y?
- 0.0560
- 1.0056
- 1.1800
- 1.1856
Show answer and solution
Correct answerD. 1.1856
Solution walkthrough
- It's given that in 2008 Zinah earned 14% more than in 2007. Let represent the amount Zinah earned in 2007 and let represent the amount that Zinah earned in 2008.
- This situation can be represented by the equation , or . It's also given that in 2009 Zinah earned 4% more than in 2008.
- Let represent the amount Zinah earned in 2009. This situation can be represented by the equation , or .
- Substituting for in the equation yields , or . If Zinah earned times as much in 2009 as in 2007, then the value of is 1.1856.