An Employee Earns $24,000

question 10

Multiple Choice

An employee earns $24,000. The annualized amount prior to a raise in pay is $2,000 per month. If the employee gets a 3% raise, then what would the new monthly payment be for that employee beginning with the October 1st payroll?

• A) $1,050
• B) $2,060
• C) $3,020
• D) $4,010