Question:
Employees of a publishing company received an increase in
Last updated: 7/17/2022
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Employees of a publishing company received an increase in salary of 5% plus a bonus of $800. Let S(x) = 1.05x+800 represent the new salary in terms of the previous salary x. Find and interpret S(20,000). A. $18,286; If an employee's old salary was $18,286, then his/her new salary was $20,000 after the increase and bonus. B. $30,800; If an employee's old salary was $30,800, then his/her new salary was $20,000 after the increase and bonus. C. $21,800; If an employee's old salary was $20,000, then his/her new salary was $21,800 after the increase and bonus. D. $20,800; If an employee's old salary was $20,000, then his/her new salary was $20,800 after the increase and bonus.