SOLUTION: I need some help on this problem. Jerry earned $18,500 one year and then received a 10.5% raise. What is his new yearly salary? Thanks, Lyn

Question 41262: I need some help on this problem.
Jerry earned $18,500 one year and then received a 10.5% raise. What is his new yearly salary?
Thanks,
Lyn
Found 2 solutions by zeynep, Nate:
Answer by zeynep(43) (Show Source): You can put this solution on YOUR website!
The raise she received was 10.5% of $18,500. To find 10.5% of 18,500 we multiply them;
18,500*10,5% = 18,500*10,5/100= 1942.5
Now to find his new yearly salary, let's add his old salary by the raise;
18,500+1942.5= 20442.5
So his new yearly salary is 20442.5
Answer by Nate(3500) (Show Source): You can put this solution on YOUR website!
18500 + 0.105(18500)
18500 + 1942.5
$20,442.5
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