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an employee earning 32,000 a year is awarded a 4% pay raise. What is the new yearly salary for this employee?
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(32000)(1.04) = 33280
1.04 is 100% + 4 %
one moment...
why 1.04?
because 100% is 1.00 and 4% is 0.04. Add them together and you get 1.04
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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.
All good now?
yep. thks!
Good luck to you in all of your studies and thx for the recognition! You're welcome! @Amenah
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