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Question 1: An employee makes $14.41 per hour but is getting a 4% increase. What is his new wage per hour to the nearest cent?

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ANSWER


\operatorname{\$}14.99

Step-by-step explanation

1) To find the new wage per hour, we have to first find 4% of his former wage and add it to the former wage.

That is:


\begin{gathered} 4\%\text{ }of\text{ }\$14.41 \\ \Rightarrow(4)/(100)*14.41 \\ \Rightarrow\$0.58 \end{gathered}

Now, add it to the former wage:


\begin{gathered} 14.41+0.58 \\ \$14.99 \end{gathered}

That is his new wage.

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