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Anonymous
Anonymous asked in Business & FinancePersonal Finance · 8 years ago

A person earns 16000 one year and gets a 5% raise in salary. What is the new salary?

4 Answers

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  • 8 years ago

    If this is about you then you need to learn how to add, subtract and multiply and how to do a budget or you'll always be in monetary trouble.

    $16,000 x .05 = $800

    so Gross salary per year would be $16,800

    Then because your income went up that means more will be taken from your paycheck for taxes and such. Know that anyone working will be paying more taxes in 2013, plus you'll have to start paying on obamacare as well, so don't think just because you got a raise you can spend it. Don't spend it.

  • Anonymous
    8 years ago

    $800 (16000 multiply by 5 divide by 100= 800

  • Shaun
    Lv 4
    8 years ago

    16000/100= 160

    160*5 = 800

    16,000+800= 16,800

  • Anonymous
    8 years ago

    16800 :)

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