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A company gives raises once a year. Amir's present salary is $16,000. His manager would like to raise Amir's salary to $19,000. What percentage rate would Amir be receiving?
 one year ago
 one year ago
A company gives raises once a year. Amir's present salary is $16,000. His manager would like to raise Amir's salary to $19,000. What percentage rate would Amir be receiving?
 one year ago
 one year ago

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dpflanBest ResponseYou've already chosen the best response.1
OK \[$16,000 * (1 + raise_percent) = $19,000\]
 one year ago

kellisuttlesBest ResponseYou've already chosen the best response.0
I understand that, I just don't understand how to further get the answer.
 one year ago

dpflanBest ResponseYou've already chosen the best response.1
You'll just do some manipulations to isolate and to solve for raise_percent
 one year ago

dpflanBest ResponseYou've already chosen the best response.1
(1.) Divide both sides by 16000 (2.) Subtract 1 from both sides
 one year ago

dpflanBest ResponseYou've already chosen the best response.1
Thanks, did you figure it out?
 one year ago
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