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Mathematics 21 Online
OpenStudy (anonymous):

an employee earning 32,000 a year is awarded a 4% pay raise. What is the new yearly salary for this employee?

OpenStudy (anonymous):

(32000)(1.04) = 33280

OpenStudy (anonymous):

1.04 is 100% + 4 %

OpenStudy (anonymous):

one moment...

OpenStudy (anonymous):

why 1.04?

OpenStudy (anonymous):

because 100% is 1.00 and 4% is 0.04. Add them together and you get 1.04

OpenStudy (anonymous):

To convert a percent to a decimal number, you take away the percent sign and move the decimal point over to the left 2 positions.

OpenStudy (anonymous):

All good now?

OpenStudy (anonymous):

yep. thks!

OpenStudy (anonymous):

Good luck to you in all of your studies and thx for the recognition! You're welcome! @Amenah

OpenStudy (anonymous):

:)

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