Math  /  Word Problems

QuestionYou earn \$(6,875) monthly. After a 6.5% pay cut, find the decrease in pay and new salary. Then calculate the increase after a 6.5% raise.

Studdy Solution
Calculate the pay raise amount.
Payraiseamount=$6,428.12times0.065=$417.83Pay\, raise\, amount = \$6,428.12 \\times0.065 = \$417.83Round the result to the nearest cent.
Payraiseamount$417.83Pay\, raise\, amount \approx \$417.83The monthly pay will decrease by approximately 446.88,thereducedsalarywillbeapproximately446.88, the reduced salary will be approximately 6,428.12, and the pay raise will increase the monthly pay by approximately $417.83.

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