Malik Brooks works 40 hours per week, 52 weeks each year for Metro Delivery. He earns $9.15 per hour. If Malik receives a 4.9% m
erit increase, what will his new hourly rate be?
2 answers:
Answer:
New hourly rate of earning is $9.60
Step-by-step explanation:
Malik Brooks works for Metro Delivery. He earns $9.15 per hour.
If Malik receives a 4.9% merit increase then we have to calculate his new hourly rate.
Malik's new hourly rate = Old rate + merit increase in earning
=$9.15 + 4.9% of $9.15
= $9.15 + $0.45
= $9.60
Therefore, Malik's new rate of earning will be $9.60 per hour.
His new hourly rate will be $9.60
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