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An employee makes $13.49 per hour but is getting a 4% increase. What is his new wage per hour to the nearest cent?His new wage per hour is $(Type an integer or decimal rounded to two decimal places as needed.)

Respuesta :

In order to calculate the new wage per hour, first let's calculate the increase by multiplying 4% (that is, 4/100) and 13.49:

[tex]\frac{4}{100}\cdot13.49=\frac{53.96}{100}=0.54[/tex]

Now, let's add this value to the old wage per hour:

[tex]13.49+0.54=14.03[/tex]

Therefore the new wage per hour is $14.03.

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