jack will receive a 2.5% pay increase this year.if his annual income was $30,000,how much will he make per?

Question

year after the increase?

Answer 1

2.5% of 30,000 is 750. So his new salary will be 30,750.

So where does Jack really live? You listed your question under United Kingdom - I don't think too many people get paid in dollars there.

Answer 2

First, get rid of the % by moving the decimal two places to the left, because % means parts in 100. Multiply 30,000 by .025.
Add the answer to the original amount for $30, 750.

Answer 3

you have add in the rate of inflation. because a dollar or pound today is not as powerful tomorrow. so, at an index of 100. gives you a salary of 29,268.29 and divde that by 1.025 each year thereafter.

Answer 4

$30,750