Vicky earns 20,000 a year as a bookkeeper if she receives a raise of 2%, how could her new Total salary be represented
If Vicky receives a 2% raise on her salary of $20,000, her new total salary can be represented as follows:
New Total Salary = Old Salary + (Percent Raise × Old Salary)
New Total Salary = $20,000 + (2% × $20,000)
New Total Salary = $20,000 + (0.02 × $20,000)
New Total Salary = $20,000 + $400
New Total Salary = $20,400