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Mathematics 11 Online
OpenStudy (anonymous):

After Harvey Islip's performance review, he received a merit increase of 3.65% and a COLA of 3.35%. He now earns $24.00 an hour. What was his hourly wage, to the nearest cent, before the merit and COLA increases?

OpenStudy (anonymous):

24/(100%+3.65%+3.35%) 24/(107%) 24/1.07

OpenStudy (anonymous):

So is the answer 22.42??

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