This year, Baldwin paid their workers $26.81 per hour. How much will they be paying them 3 rounds from now?

Select : 1

•  $29.56
•  $28.15
•  $31.04
•  $28.36

Answer:

Paying Amount = $31.04

Explanation is given below:

Step-by-step explanation

You did not specify the annual raise wage rate 

Let us to be suppose Annual Raise in wage rate is 5%

Baldwin paid = $26.81 per hour

Paying 3 rounds 

Paying Amount =26.81*(1+5%)^3

Paying Amount = $31.04