show your work answering the following two questions. a) philip earns $82,000 per year. if he gets a 3%…
show your work answering the following two questions. a) philip earns $82,000 per year. if he gets a 3% increase in salary, what will be his new salary?
Answer
Explanation:
Step1: Calculate the increase amount
The increase amount is 3% of $82000$. So we calculate $82000\times 0.03$. $82000\times0.03 = 2460$
Step2: Calculate the new - salary
The new salary is the original salary plus the increase amount. So we calculate $82000 + 2460$. $82000+2460=84460$
Answer:
$84460$