Explore BrainMass

Explore BrainMass

    Finance : Salary Increase

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Bert will receive a promotion next month. He will receive a 12.5% salary increase, a 5.55% cost of living adjustment, and a 6.8% merit increase. What will his new salary be if his present salary is $26,990?

    a.$34,212.06 b.$30,775.64 c.$33,683.52 d.not given

    © BrainMass Inc. brainmass.com May 24, 2023, 1:24 pm ad1c9bdddf

    Solution Summary

    A salary increase is calculated.