Question

Frank earns 44,900 one year and receives a 5% raise in salary. What is his new salary?Frank new salary is $...

Answer 1

Frank's earning = $44,900

Salary raise = 5% of $44,900

Frank's new salary would be the sum of his earning and salary raise which is 5% of his earning

`\begin{gathered} \text{ \$44,900 + 5\% }*44,900 \\ \text{\$44,900 + 0.05}*44,900 \\ \text{\$44,900 + \$2245} \\ =\text{\$}47,145 \end{gathered}`

Therefore, Frank's new salary is $47,145