Question

A university president's salary for 2012-2013 academic year was $452,000. Calculate his 2013-2014 salary if he received a 2.8% raise

Answer 1

A university president's salary for 2012-2013 academic year was $452,000. Calculate his 2013-2014 salary if he received a 2.8% raise

452,000×1.028=464,656