Business

[nycmathguy]

Section 6.4

I want the SET UP only for parts (a) and (b).

 

[MathLover1]

the vector u=<1225,2445> gives the numbers of hours worked by employees of a temporary workk agency at two pay levels
the vector v=<12.20, 8.50> gives the hourly wage

a.
u*v=<1225,2445> *<12.20, 8.50>

b. identify the vector operation used to increase wages by 2%

increase wages by 2% means 100% +2% =102% or 102/100=1.02

1.02*v=

 

[nycmathguy]

the vector u=<1225,2445> gives the numbers of hours worked by employees of a temporary workk agency at two pay levels
the vector v=<12.20, 8.50> gives the hourly wage

a.
u*v=<1225,2445> *<12.20, 8.50>

b. identify the vector operation used to increase wages by 2%

increase wages by 2% means 100% +2% =102% or 102/100=1.02

1.02*v=

You are amazing. By the way, I did not know that percents can be added. You did 2% + 100%. I always thought we must first convert each percent to decimal or fractional form.