Jerry earned $18,500 one year and then received a 10.5% raise. What is his new yearly salary?
$18,500 * 0.105 = ?
Add the answer to $18,500.
- we will divide the percentage by 100
- {10.5/100}=0.105
- so $18,500 x 0.105 = $1942.5
- $1942.5 is MR.JERRY'S new raise so we will add his salary with his new raise
- $18,500 + $1942.5 = $20442.5 ANSWER
To find Jerry's new yearly salary, you need to calculate the 10.5% raise and add it to his current annual salary.
First, calculate the amount of the raise:
10.5% of $18,500 = 0.105 * $18,500 = $1,942.50
Now, add the raise to Jerry's current salary:
$18,500 + $1,942.50 = $20,442.50
Therefore, Jerry's new yearly salary is $20,442.50.