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Homework: 6.3 HWQuestion 8, 6.3.17ОРAn employee makes $14.41 per hour but is getting a 4% increase. What is his new wage per hour to the nearest cent?His new wage per hour is $(Type an integer or decimal rounded to two decimal places as needed.)

Sagot :

The employee's original wage is $14.41 per hour.

If the wage increases by 4%, the percentage increase will be:

[tex]\Rightarrow\frac{4}{100}\times14.41=0.58[/tex]

Therefore, the new wage per hour will be:

[tex]\Rightarrow14.41+0.58=14.99[/tex]

The new wage is $14.99.

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