An Employee Earns $76,000

question 44

Multiple Choice

An employee earns $76,000. The annualized amount prior to a raise in pay is $6,333 per month. If the employee gets an 8% raise, then what would the new monthly payment be for that employee beginning with the October 1st payroll?

• A) $3,675
• B) $4,850
• C) $5,020
• D) $6,840

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