Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
To determine the amount of the hourly raise, follow these steps:
1. Identify the current hourly wage: The worker currently earns [tex]\(\$27.50\)[/tex] per hour.
2. Convert the percentage to a decimal: The pay raise is given as [tex]\(7 \frac{1}{2} \%\)[/tex]. To convert this percentage into a decimal:
[tex]\[ 7 \frac{1}{2} \% = 7.5\% = \frac{7.5}{100} = 0.075 \][/tex]
3. Calculate the hourly raise: Multiply the current hourly wage by the decimal form of the percentage raise to find the increase in the hourly wage.
[tex]\[ \text{Hourly Raise} = 27.50 \times 0.075 \][/tex]
4. Perform the multiplication:
[tex]\[ 27.50 \times 0.075 = 2.0625 \][/tex]
5. Round to the nearest cent: Since financial calculations are generally rounded to the nearest cent, round [tex]\(2.0625\)[/tex] to the nearest hundredth.
[tex]\[ 2.0625 \approx 2.06 \][/tex]
Thus, the amount of her hourly raise is [tex]\(\$2.06\)[/tex].
1. Identify the current hourly wage: The worker currently earns [tex]\(\$27.50\)[/tex] per hour.
2. Convert the percentage to a decimal: The pay raise is given as [tex]\(7 \frac{1}{2} \%\)[/tex]. To convert this percentage into a decimal:
[tex]\[ 7 \frac{1}{2} \% = 7.5\% = \frac{7.5}{100} = 0.075 \][/tex]
3. Calculate the hourly raise: Multiply the current hourly wage by the decimal form of the percentage raise to find the increase in the hourly wage.
[tex]\[ \text{Hourly Raise} = 27.50 \times 0.075 \][/tex]
4. Perform the multiplication:
[tex]\[ 27.50 \times 0.075 = 2.0625 \][/tex]
5. Round to the nearest cent: Since financial calculations are generally rounded to the nearest cent, round [tex]\(2.0625\)[/tex] to the nearest hundredth.
[tex]\[ 2.0625 \approx 2.06 \][/tex]
Thus, the amount of her hourly raise is [tex]\(\$2.06\)[/tex].
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.