AasiyaT648527 AasiyaT648527
  • 29-10-2022
  • Mathematics
contestada

If a woman making $29,000 a year receives a cost-of-living increase of 2.6%, what will her new salary be?

Respuesta :

KorverL570485 KorverL570485
  • 29-10-2022

SOLUTION

Her yearly salary is $29,000. With a cost of living increased by 2.6%, this means her salary should be inreased by

[tex]\begin{gathered} \frac{2.6}{100}\times29,000 \\ 2.6\times290 \\ =754 \end{gathered}[/tex]

So her new salary should be

[tex]\begin{gathered} 29,000+754 \\ =29,754 \end{gathered}[/tex]

Hence the answer is $29,754

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