Problema Solution
The cost of living last year went up 3%. Fortunately, Alice Swanson got a 3% raise in her salary from last year. this year she is earning $22,660. how much did she make last year?
Answer provided by our tutors
Let S be the salary of Alice Swanson last year.
1.03 *S =22,600.
S=22600/1.03
=$21,741.75.