Question

Jesse's starting salary is $30,000 a year. He gets a 3% raise after his first year. Then he gets a 10% bonus on his second-year salary. How much is Jesse's bonus?

Answer 1

$3090

Explanation:

First take $30,000 * 0.03 (3%) to get $30, to get $900. Then add 30,000 +900 to get first year salary. Next take 30,900 (Jesse's salary after the first year) times 0.1 (10%) to get 3090 which is his bonus for the second year.