Solve the problem.
-Employees of a publishing company received an increase in salary of 5% plus a bonus of $700. Let S(x) represent the new salary in terms of the previous salary x. Find the value of S(12,000).
A) $13,300
B) $18,700
C) $12,700
D) $10,762

Question

Quizplus · Accepted Answer

S(x) = x + 0.05x + 700 = 1.05x + 700. For x = 12,000, S(12,000) = 1.05(12,000) + 700 = 12,600 + 700 = 13,300.

Solve the Problem. -Employees of a Publishing Company Received an Increase in Salary