You are to receive a 9% increase in wages per hour. If you currently make $18.55 per hour, what will your hourly wage be after the increase? Round to the nearest cent.

Question

You are to receive a 9% increase in wages per hour.  If you currently make $18.55 per hour, what will your hourly wage be after the increase?  Round to the nearest cent.

anonymous · Answer

Just want to make sure that I have the correct answer?

tkhunny · Answer

Please present your correct answer.  An example of how you managd that answer would also be helpful.

anonymous · Answer

I multiplied .09*18.55=1.6695
then added 1.6695+18.55=20.2195
then rounded to 20.22

tkhunny · Answer

You can also do the addition first.  (1 + 0.09)*18.55 = (1.09)*18.55 = 20.2195

Good work!

anonymous · Answer

thanks