Asked by jeff

Say that the economy is in an expansion, causing wages to increase by six percent. If you previously received a monthly salary of $1,375.00, what will your new monthly salary be? Round all dollar values to the nearest cent.
a.
$2,365.00
b.
$1,604.17
c.
$1,462.77
d.
$1,457.50


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
New salary = 1375 × 1.06 = 1,457.50.

Answer: D