Hey!
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Solution:
Salary: $34,000
Percent Increase: 8%
Convert 8% to a decimal: 0.08
Multiply: 34,000 × 0.08 = $2,750
8% Increase: $2,750
Add: 34,000 + 2,750 = $36,750
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Answer:
Teddy's new salary is $36,750
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Hope this helped! Good luck ;)