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3 years ago

A person ears $16,700 one year and gets a 5% raise in salary. What is the new salary?

Mathematics

1 answer:

Elza [17]3 years ago

5 0

Answer:

$17,535

Step-by-step explanation:

Original (old) salary: $16,700/year

+ raise: 0.05($16,700/year) = $835/year

---------------------------------------------------------------------------------

New salary: Original salary plus amount of raise:

$16,700/year + $835/year = $17,535

A faster but still valid approach to finding the new salary involves multiplying the original salary by 1.05:

1.05($16,700) = $17,535. Here the '1.00' represents the original salary and the '0.05) the raise.

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