SOLUTION: Micah’s company announced a 1.5% raise for everyone this year. If Micah’s salary was originally $30,000 a year, what would be Micah’s new salary?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Micah’s company announced a 1.5% raise for everyone this year. If Micah’s salary was originally $30,000 a year, what would be Micah’s new salary?      Log On


   

Question 1067481: Micah’s company announced a 1.5% raise for everyone this year. If Micah’s salary was originally $30,000 a year, what would be Micah’s new salary?
Answer by Lightning_Fast(78) About Me  (Show Source):
You can put this solution on YOUR website!
Micah originally had a salary of $30,000
It was raised by 1.5%
1.5% = 0.015
Since the 1.5% boost is in addition to his $30,000 salary, the decimal is 1.015.
1.015*30,000 = Micah's new salary
30,450 = Micah's new salary
Not much of an improvement there.