SOLUTION: Jackson’s annual salary is $52,400. He has been promised a 3.6% merit raise in the year ahead. Find the amount of the raise and the new salary. SHOW ALL WORK PLEASE to earn F

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Question 1139521: Jackson’s annual salary is $52,400. He has been promised a 3.6% merit raise in the year ahead. Find the amount of the raise and the new salary.
SHOW ALL WORK PLEASE to earn Full Credit!!!
Found 3 solutions by greenestamps, Alan3354, ikleyn:
Answer by greenestamps(13209) About Me  (Show Source):
You can put this solution on YOUR website!


(1) Amount of the raise: 3.6% of $52,400.

52400%2A%283.6%2F100%29+=+52400%28.036%29%29

Use a calculator....

(2) New salary: $52,400 plus the amount of the raise.

OR...

Current salary times (1 plus 3.6%):

52400%281%2B3.6%2F100%29+=+52400%281.036%29

Use a calculator....

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
What would we do with "full credit?"

Answer by ikleyn(52884) About Me  (Show Source):
You can put this solution on YOUR website!
.

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