## anonymous one year ago find last years salary if, after a 2% pay raise, this years salary is \$37,740

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1. iwillrektyou

You have to kind of work backwards for this.

2. anonymous

yea im lost on how to figure it out

3. iwillrektyou

Ok I will try to guide you through this.

4. iwillrektyou

Hmm... Sorry, give me a minute. I need to think of how to start. XD

5. anonymous

ok this is me brandi2586. I wanted to get on my other account

6. iwillrektyou

Ok.

7. iwillrektyou

The salary last year shouldn't have a big difference from this year, because it is a 0.02% difference.

8. TheSmartOne

$$\sf a \times 1.02 = 37,740$$ Solve for a

9. TheSmartOne

and that's all

10. TheSmartOne

I was waiting to see how you would attempt it, but you seemed confused so I decided to lend a hand :)

11. iwillrektyou

Thanks. :) You worded it better than I could have.

12. amistre64

we started with 100 parts, and then added 2 more parts to get to where we are now; so we have 102 parts. we could divide it into its 102 parts, and add up 100 of them to determine the original amount ....

13. iwillrektyou

You can just divide it to solve. This is working backward. So: 37,470/1.02 = answer