Question

Antoine made $33,284 last year. He receives a 4.5% annual raise. What will his new salary be

Answer 1

Answer:

$34781.78

Step-by-step explanation:

$33,284 * 1.045 = $34781.78

Answer 2

The new salary will be $34781.78

Last year salary = $33284

Annual raise = 4.5%

Therefore, based on the above figures the new salary will be:

= $33284 + (4.5% × $33284)

= $33284 + (0.045 × $33284)

= $33284 + $1497.78

= $34781.78

Based on the calculation above, the new salary will be $34781.78

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