SOLUTION: Need help setting up this word problem The median compensation for a U.S university president was $436,000 for the 2008-2009 academic year. Calculate the salary of a university pr

Question 775553: Need help setting up this word problem
The median compensation for a U.S university president was $436,000 for the 2008-2009 academic year. Calculate the salary of a university president who received a 2.3% raise.
Answer by sofiyac(983) (Show Source): You can put this solution on YOUR website!
you want to multiply the salary by 2.3/100 (we divide by 100 to convert percent to a number) and then add it to the original salary
436000+436000(2.3/100)=446028
RELATED QUESTIONS
hi :) I need help setting up a system of equations for this word problem: Joe bought... (answered by ankor@dixie-net.com)

The issues surrounding the levels and structure of executive compensation have gained... (answered by Boreal)

Please help me figure out this word problem. I am totally lost. An account executive... (answered by ewatrrr)

I am using the expected value formula for this and am not solving it properly, can... (answered by ikleyn)

Ok I need help with this problem on my blizzard bag. I don't know which topic this is so... (answered by ewatrrr)

Hello I need help setting up the equation for this word problem. The monthly revenue... (answered by ankor@dixie-net.com)

Solve. A rental company charges $41 per day and $.33 per mile. If a truck was rented... (answered by stanbon,Shin123)

I REALLY need help with setting up this word problem!!!! I have worked on it for hours... (answered by askmemath)

A builder of tract homes reduced the price of a model by 15%. If the new price is... (answered by ikleyn,MathTherapy,greenestamps)