TeairraX714971 TeairraX714971

25-10-2022
Mathematics

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An employee makes $10.59 per hour but is getting a 4% increase. What is his new wage per hour to the nearest cent?

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AddileeK14232 AddileeK14232

25-10-2022

In order to calculate the new wage per hour, we just need to multiply the old value of $10.59 by 1.04, that is, an increase of 4%, so we have:

[tex]10.59\cdot1.04=11.01[/tex]

So the new wage per hour is $11.01.

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