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1. Identify the initial salary and the percentage increase:
The woman's initial salary is [tex]$35,000 per year. The cost-of-living increase is 2.2%. 2. Convert the percentage increase to a decimal: Since percentages are based on 100, we convert 2.2% to a decimal by dividing by 100: \[ 2.2\% = \frac{2.2}{100} = 0.022 \] 3. Calculate the amount of the increase in salary: To find the amount of the increase, multiply the initial salary by the decimal form of the percentage: \[ \text{Increase amount} = 35,000 \times 0.022 = 770.00 \] 4. Calculate the new salary: Add the increase amount to the initial salary to get the new salary: \[ \text{New salary} = 35,000 + 770.00 = 35,770.00 \] So, the woman's new salary, after receiving a 2.2% cost-of-living increase, will be $[/tex]35,770 per year.
1. Identify the initial salary and the percentage increase:
The woman's initial salary is [tex]$35,000 per year. The cost-of-living increase is 2.2%. 2. Convert the percentage increase to a decimal: Since percentages are based on 100, we convert 2.2% to a decimal by dividing by 100: \[ 2.2\% = \frac{2.2}{100} = 0.022 \] 3. Calculate the amount of the increase in salary: To find the amount of the increase, multiply the initial salary by the decimal form of the percentage: \[ \text{Increase amount} = 35,000 \times 0.022 = 770.00 \] 4. Calculate the new salary: Add the increase amount to the initial salary to get the new salary: \[ \text{New salary} = 35,000 + 770.00 = 35,770.00 \] So, the woman's new salary, after receiving a 2.2% cost-of-living increase, will be $[/tex]35,770 per year.
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