Determine whether the statement is true or false. If it is true, explain why it is true. If it is false, give an example to show why it is false.

Susan's salary increased from $55,000/year to $65,000/year over a 6-year period. Therefore, Susan got annual increases of 6% over that period.

Question

Determine whether the statement is true or false. If it is true, explain why it is true. If it is false, give an example to show why it is false.
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Susan's salary increased from $55,000/year to $65,000/year over a 6-year period. Therefore, Susan got annual increases of 6% over that period.

Quizplus · Accepted Answer

If Susan had gotten annual increases of 6 percent over 6 years, her salary would have been 11eab448_e809_2657_acdb_f92d15a210a3_TB6027_11 , or approximately $78,018.55 after 6 years, not $65,000.

Determine Whether the Statement Is True or False