SOLUTION: If I make $15/hour and I receive a 2% raise, how much would I now make with the 2.4% raise?

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Question 964251: If I make $15/hour and I receive a 2% raise, how much would I now make with the 2.4% raise?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
If I make $15/hour and I receive a 2% raise, how much would I now make with the 2.4% raise?
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If the raise is 2% --> 15*1.02
If it's 2.4% --> 15*1.024