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? asked in Business & FinancePersonal Finance · 9 years ago

A person earns $16,700 one year and gets a 5% raise in salary. Whats the new salary?

Can someone pleace help! I hate math lol.

5 Answers

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  • Anonymous
    9 years ago
    Favorite Answer

    $16,700 x 1.05 = $17,535.

    This can be figured in one step. The 1.00 in the factor represents the existing salary. The .05 represents the raise.

  • 9 years ago

    The new salary will be the previous years salary which is $16,700 plus 5% of this salary which is 0.05 times 16,700 or 5 times 16,700 which equals 83,500. This you need to divide by 100 , which gives $835. So the answer is $16,700 + $835 = $17,535

    New salary = $17,535

  • Anonymous
    9 years ago

    Well if 5% of 16,700 is 835, I think that person would get an 835 dollar raise. You simply take the money earned for a year and figure out what 5% is, and that is the raise. Someone correct me if I'm wrong.

    Or 16,700 * (5%) = 835.

  • ?
    Lv 7
    9 years ago

    You must hate online calculators too.

    Go ask a 5th grader. Hopefully, they are still teaching basic math skills.

    Another example of no child left behind and gets moved on without basic knowledge of anything.

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  • 9 years ago

    multiply the salary by the 5%

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