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 be
Answer by Maths68(1474) About Me  (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