# Math

Jerry earned \$18,500 one year and then received a 10.5% raise. What is his new yearly salary?
would this be the correct way to set this up and the correct answer?

\$18500*10.5=\$20442.50

You got the correct answer, but didn't type the correct equation. Which tells me you did it correctly, but didn't type it correctly here. So just to clarify...

2 ways:

10.5% is .105 so...
18500 * .105 = 1942.50
18500 + 1942.50 = 20442.50

The second way is easier for me. Take the .105 and add a 1 to it then multiply.

18,500 * 1.105 = 20,442.50

Matt

1. 👍 0
2. 👎 0
3. 👁 75

## Similar Questions

1. ### math

Jerry earned \$18,500 one year and then received a 10.5% raise. What is his new yearly salary?

asked by Peggie on September 2, 2008
2. ### math 115

Jerry earned \$18,500 one year and then received a 10.5% raise. What is his new yearly salary?5875.20

asked by amber on September 30, 2009
3. ### Math

Jerry earned \$18,500 one year and then received a 10.5% raise. What is his new yearly salary? Yi Chen made a \$6,400 investment at the beginning of a year. By the end the year,the value of the investment had decreased by 8.2%. What

asked by Danielle on March 6, 2008
4. ### math

Kip and Celia began working for the same company in 1997. Celia earned \$19,000 per year, and Kip earned \$16,000 per year. Each year Kip received a \$1,500 raise and celia recived a \$1,000 raise. a. In what year will they earn the

asked by cerenity on May 9, 2008
5. ### math

will someone check my work please?A virus scanning program is checking every file for viruses. It has completed checking 40% of the files in 300 seconds. How long should it take to check all the files? 950 seconds Gasoline

asked by callie on September 30, 2009
6. ### algebra

Tom and Jerry were offered similar jobs at competing companies. Sony offered Tom a starting salary of \$32,000 per year with a 7% raise at the end of each year. Panasonic offered Jerry a \$35,000 annual starting salary with a 5%

asked by dinahlee on February 12, 2011
7. ### math 156

A man earned \$3000 the first year he worked. if he received a raise of \$400 at the end of each year, what was his salary during his 15th year? would it be \$9000

asked by Rmz on December 13, 2009
8. ### Math

A man earned \$ 3000 the first year he worked. If he received a raise of \$ 400 at the end of each year, what was his salary during the 15 th year? A) \$ 8600 B) None of these C) \$ 5600 D) \$ 9000

asked by Lisa on March 15, 2010
9. ### Algebra

If Marcy received a 7% raise and is now making \$67,500 per year, what was her salary before the raise? Round your answer to the nearest dollar.

asked by Kimberly on May 10, 2011
10. ### algebra

If Marcy received a 7% raise and is now making \$67,500 per year, what was her salary before the raise? Round your answer to the nearest dollar.

asked by Anonymous on November 10, 2011

More Similar Questions