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What is the value of r of the geometric series?

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. based on the data below, assuming that the projected hourly earnings are correct, is jason’s friend’s statement accurate? construction industry - average hourly earnings, 2000-2009 a. his friend’s statement is accurate. the average hourly earnings will increase by 2%. b. his friend’s statement is not accurate. the percent increase will be more than 2% c. his friend’s statement is not accurate. the percent increase will be less than 2% d. his friend’s statement is not accurate. the average hourly earnings will decrease

Damon makes 20 cups of lemonade by mixing lemon juice and water. the ratio of lemon juice to water is shown in the tape diagram. lemon juice\text{lemon juice} lemon juice water\text{water} water how much lemon juice did damon use in the lemonade? cups