Answer:
<h2>New salary= $43,800.24</h2>
Step-by-step explanation:
Step one:
Given data
the initial salary is = $42,360
the raise in percentage is =3.4%
To know the raise we need to calculate what the amount of 3.4% of $42,360 is
Step two:
=(3.4/100)*42,360
=0.034*42360
=1440.24
therefore thr raise is $1440.24
Step three:
the new salary is given as
new salary= old salary+ raise
New salary= $42,360+$1440.24
New salary= $43,800.24
