Question

If a woman making $35,000 a year receives a cost-ofliving increase of 2.9%, what will her new salary be?

Answer 1

36,015

35,000+2.9%=36,015

Answer 2

36,015.

Explanation:

To calculate the cost-of-living increase, you would first multiply the current salary by the percentage increase: $35,000 * 0.029 = $1,015.

Then, to find the new salary, you would add the cost-of-living increase to the current salary: $35,000 + $1,015 = $36,015.

So, the woman's new salary would be $36,015 per year.