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An employee makes $13.49 per hour but is getting a 4% increase. What is his new wage per hour to the nearest cent?His new wage per hour is $(Type an integer or decimal rounded to two decimal places as needed.)

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In order to calculate the new wage per hour, first let's calculate the increase by multiplying 4% (that is, 4/100) and 13.49:


(4)/(100)\cdot13.49=(53.96)/(100)=0.54

Now, let's add this value to the old wage per hour:


13.49+0.54=14.03

Therefore the new wage per hour is $14.03.

User Jlp
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