Question

3)

Blair expects an increase of 3% in her current annual
salary of $42,000. What would her new annual salary
be?

Answer 1

Well 3% is .03
And she earns $42000
.03*42000 is 1260
42000+1260= $43260

Answer 2

$43,260

Explanation:

You have the 3% annual income, which you can convert to a decimal. This gives:

42000 * 1.03

42000 represents Blair's initial income, and 0.03 represents the 3% increase.

I chose 1.03 because I don't have to subtract 97% and add it to 42000.