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Suppose that a new employee starts working at $7.54 per hour
and receives a 3% raise each year. After time t, in years, his
hourly wage is given by the equation y = $7.54(1.03). Find the
amount of time after which he will be earning $10.00 per hour.
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After what amount of time will the employee be earning $10.00
per hour?
years (Round to the nearest tenth of a year as needed.)
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