# SOLUTION: A part-time instructor is receiving \$950 per credit taught. If the instructor receives a 4% increase, how much will the new per credit compensation be

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 Question 635955: A part-time instructor is receiving \$950 per credit taught. If the instructor receives a 4% increase, how much will the new per credit compensation beAnswer by Maths68(1474)   (Show Source): You can put this solution on YOUR website!New Per credit compensation = Old compensation + increase% New Per credit compensation = 950+(950)(4/100) New Per credit compensation = 950+(950)(1/25) New Per credit compensation = 950+38 New Per credit compensation = 988