Julian earns $10.42 per hour. If he gets a 3% raise, how much will he earn per hour?
A. $3.13
B. $10.45
C. $10.73
D. $347.33
C. $10.73
To calculate Julian's new hourly rate after a 3% raise, we can use the following formula:
New Hourly Rate = Current Hourly Rate + (Current Hourly Rate * Raise Percentage)
New Hourly Rate = $10.42 + ($10.42 * 0.03)
New Hourly Rate = $10.42 + $0.3126
New Hourly Rate = $10.73
Therefore, Julian will earn $10.73 per hour after a 3% raise.