A monthly salary is $1386. It is given an increase of 7%. After the first increase, it receives a second increase of 14%. What is the new monthly salary after both increases? Round to the nearest cent.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.35TI: Find the percent increase. (Round to the nearest tenth of a percent.) In 2011, the IRS increased the...
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A monthly salary is $1386. It is given an increase of 7%. After the first increase, it receives a second increase of 14%. What is the new monthly salary after both increases? Round to the nearest cent.

 

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