Question

After working satisfactorily for 6 months, Dave received a 7% raise. His original gross monthly salary was $1083.34. What is Dave's gross annual salary? Round to the nearest cent.
A)$13,455.06
B)$13,356.06
C)$13,000.08
D)$13,455.12

Answer 1

Answer:

Step-by-step explanation:

His original gross monthly salary was $1083.34. This means that the total amount that he earned that he earned in the first 6 months would be

6 × 1083.34 = $6500.4

After working satisfactorily for 6 months, Dave received a 7% raise. The amount by which it was raised would be

7/100 × 6500.4 = $455.00

His salary for the next 6 months would be

6500.4 + 455.00 = $6955.40

Dave's gross annual salary would be

6955.40 + 6500.4

= $13455.8

Answer 2

Answer: A) $13,455.06

Step-by-step explenation: I was not able to comment on the last persons answer to put the fixed answer on theirs. I just took the test and I just wanted to clairfy that the last number will be .06. The person before me though still has all the right procedurs and the right answer.