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Brandon earns $150,000 each year (he works as an actuary, which is a great career in
accounting and mathematics). He just settled a large account and will receive a 4% raise. How much will his yearly salary be after his raise?

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mastercookie55

Answer:

$156,000

Step-by-step explanation:

First, ------ 4% into a fraction:

[tex]\frac{4}{100}[/tex]

Then, ----- the fraction to a decimal:

[tex].004[/tex]

Now to find 4% of 150,000, multiply the decimal of 4% by 150,000:

[tex]150,000[/tex] × [tex].004[/tex]

[tex]= 6,000[/tex]

Increase 150,000 by 4%:

[tex]150,000 + 6000[/tex]

[tex]=156,000[/tex]

--

Multiply 6,000 by 25:

[tex]25[/tex] × [tex]6,000[/tex]

[tex]=150,000[/tex]

(Add the 4%):

[tex]150,000 + 6,000[/tex]

[tex]=156,000[/tex]

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