Hourly earnings the average hourly wages (in dollars) for private industry employees in the united states from 1990 through 2009 can be modeled by
w = 10.2e0.0315t
where t = 0 corresponds to 1990.
(a) what was the average hourly wage in 2000?
(b) in what year will the average hourly wage be $23?

a) Average hourly wage in 2016 is $13.98

b) In year 2006, the average hourly wage be $23.

Step-by-step explanation:

We are given the following in the question:

where t = 0 corresponds to 1990.

a) average hourly wage in 2000

For year 2000, we put t = 10

Putting the values, we get,

Average hourly wage in 2000 is $13.98

b)  year in which the average hourly wage be $23

Putting the values we get,

Thus, in year 2016, the average hourly wage be $23.

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