Answer:
Alice Swanson made $22,152.38 last year.
Explanation:
Alice Swanson’s salary last year can be calculated using the following formula:
salary_last_year = salary_this_year / (1 + raise_percentage)
where salary_this_year is Alice Swanson’s current salary, and raise_percentage is the percentage of raise she received from last year.
According to the problem statement, Alice Swanson’s current salary is $23,260 and she received a 5% raise from last year. Therefore, her salary last year can be calculated as follows:
salary_last_year = 23260 / (1 + 0.05) = $22,152.38
Therefore, Alice Swanson made $22,152.38 last year.