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Mathematics
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A company gives raises once a year. Amir's present salary is $16,000. His manager would like to raise Amir's salary to $19,000. What percentage rate would Amir be receiving?
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OK \[$16,000 * (1 + raise_-percent) = $19,000\]
I understand that, I just don't understand how to further get the answer.
You'll just do some manipulations to isolate and to solve for raise_percent
(1.) Divide both sides by 16000 (2.) Subtract 1 from both sides
Thanks, did you figure it out?
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