Question

Marcy is working in a 2-year probationary period as a paralegal. She currently comes in $25,520 a year and after her probationary period, her story will increase by 29% What will her yearly salary beat that time?

Answer 1

Marcy's new salary after her probationary period will be $32,940.80.

Marcy's salary increase is 29% of her current salary.

Using this formula:

Salary increase = Current salary * Percentage increase

Plugging in the values

Salary increase = $25,520 * 0.29 = $7,420.80

Calculating the new salary

New salary = Current salary + Salary increase

Plugging in the values, we get:

New salary = $25,520 + $7,420.80 = $32,940.80

Therefore, Marcy's new salary after her probationary period will be $32,940.80.