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kari74 [83]
2 years ago
11

Say that the economy is in an expansion, causing wages to increase by six percent. If you previously received a monthly salary o

f $1,375.00, what will your new monthly salary be? Round all dollar values to the nearest cent.
Mathematics
1 answer:
goblinko [34]2 years ago
3 0

Answer:

Your new monthly salary would be $1,457.50.

Step-by-step explanation:

You previously received a monthly salary of $1,375.00

Now by economy expansion, causing wages to increase by = 6%

Increment of the salary = 6% of 1,375.00

= \frac{6}{100} × 1,375

= 0.06 × 1,375 = $82.50

So your new monthly salary would be = $1,375.00 + $82.50 = $1,457.50

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