Brett makes $60,000/year before getting a 3% raise in July. How much should the department manager budget for Brett's monthly salary from July through December?

Name: Brett makes $60,000/year before getting a 3% raise in July. How much should the department manager budget for Brett's monthly salary from July through December?
Brand: Quizplus
Rating: 4.8 (56 reviews)

Question

Quizplus · Accepted Answer

After the 3% raise, Brett's annual salary becomes $60,000 * 1.03 = $61,800. For the last 6 months (July through December), the monthly salary is $61,800 / 12 = $5,150.

Brett Makes $60,000/year Before Getting a 3% Raise in July