Question 974413
<pre>
Add 6% to 100%, get 106%

NEW SALARY = 106% OF OLD SALARY

{{{(matrix(2,1,NEW,SALARY))}}}{{{""=""}}}{{{"106%"}}}{{{""*""}}}{{{(matrix(2,1,OLD,SALARY))}}}

{{{19610}}}{{{""=""}}}{{{1.06x}}}

Divide both sides by 1.06

{{{19610/1.06}}}{{{""=""}}}{{{x}}}

{{{18500}}}{{{""=""}}}{{{x}}}

{{{"$18500"}}}{{{""=""}}}{{{x}}}

Edwin</pre>