Answer to Question #20499 in Calculus for Riley
Employees of a publishing company received an increase in salary of 6% plus a bonus of $500. Find the new salary if the old salary was $23,000.
We can construct the following equation from the data provided. The new salary is
S = $23000 * (100% + 6%)/100% + $500 = $24380 + $500 = $24880.
Need a fast expert's response?
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!