Question

Homework: 6.3 HWQuestion 8, 6.3.17ОРAn employee makes $14.41 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.)

Answer 1

The employee's original wage is $14.41 per hour.

If the wage increases by 4%, the percentage increase will be:

`\Rightarrow(4)/(100)*14.41=0.58`

Therefore, the new wage per hour will be:

`\Rightarrow14.41+0.58=14.99`

The new wage is $14.99.