Salary Table Level 1 2 3 Salary $48,000 $53,000 $72,000 s promoted to salary level 3, receives a 2% -of-living increase and a 10% merit bonus. What is Joe's new salary?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 1ECP: You accept a job with an annual income of $58,400 . This includes your salary and a $1200 year-end...
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Salary Table
Level
1
2
3
Salary
$48,000 $53,000 $72,000
Joe is promoted to salary level 3, receives a 2%
cost-of-living increase and a 10% merit bonus.
What is Joe's new salary?
A. $80,640
B. $53,760
C. $59,360
D. $79,200
2003-2022 International Academy of Science. All Rights Reserved.
T
a
J
❖
Z
%
Transcribed Image Text:Salary Table Level 1 2 3 Salary $48,000 $53,000 $72,000 Joe is promoted to salary level 3, receives a 2% cost-of-living increase and a 10% merit bonus. What is Joe's new salary? A. $80,640 B. $53,760 C. $59,360 D. $79,200 2003-2022 International Academy of Science. All Rights Reserved. T a J ❖ Z %
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