Find last year's salary if, after a 4% pay raise, this year's salary is $39,000.

asked Feb 23, 2019 186k views

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Let x be the last year salary. Then this year salary is 1.04*x, and you have an equation
1.04*x = 39.000

The solution is x = 39000/1.04 = 37500

IqbalBary answered Feb 27, 2019

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