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A person earns 16000 one year and gets a 5% raise in salary. What is the new salary?
4 Answers
- sophiebLv 78 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.
- Anonymous8 years ago
$800 (16000 multiply by 5 divide by 100= 800
- Anonymous8 years ago
16800 :)