Question

In the past, Michael got paid $123,160 annually. Since switching to a new career, he has been making 70% less. How much does Michael make now?

Answer 1

Michael now makes $86,212.

Step-by-step explanation:

To find out how much Michael makes now, we need to calculate 70% of his previous salary.

Step 1: Convert 70% to decimal form: 70% = 0.70

Step 2: Multiply Michael's previous salary by 0.70: $123,160 x 0.70 = $86,212

Therefore, Michael now makes $86,212.