172k views
5 votes
If a woman making $28,000 a year receives a cost-of-living increase of 2.2%, how much is her raise?

User Istruble
by
8.2k points

1 Answer

4 votes

Final answer:

When a woman making $28,000 a year receives a 2.2% cost-of-living increase, her yearly raise is calculated by multiplying her current salary by the percentage increase, resulting in a raise of $616.

Step-by-step explanation:

If a woman making $28,000 a year receives a cost-of-living increase of 2.2%, her raise can be calculated by finding 2.2% of her current salary. To determine this, you would use the following calculation:

Raise = Current Salary × Percentage Increase

In this case, it would be:

Raise = $28,000 × 0.022

Now, let's do the math:

Raise = $28,000 × 0.022 = $616

Therefore, the raise she will receive due to the cost-of-living increase is $616 per year.

User Aneto
by
7.9k points