If your current salary is $$ 41$ per hour and you earn a $3 %$ raise, what is your new hourly rate?
Round your answer to the nearest cent.

Answer

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Answer

$42.23$

Steps

Step 1 ：Calculate the new hourly rate by multiplying the current salary by $1.03$

Step 2 ： $new\_hourly\_rate = 41 \times 1.03$

Step 3 ： $new\_hourly\_rate = 42.23$

Step 4 ：Round the new hourly rate to the nearest cent

Step 5 ： $rounded\_new\_hourly\_rate = 42.23$

Step 6 ： $42.23$