A full-time employee has a base salary of $14.25 per hour. During the employee’s yearly evaluation, a 1.5% cost of living increase plus a 2% merit pay increase was granted, both to be added to the base salary. What will be the new hourly wage?

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.9: Opposites And Absolute Values
Problem 10MRE
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A full-time employee has a base salary of $14.25 per hour. During the employee’s yearly evaluation, a 1.5% cost of living increase plus a 2% merit pay increase was granted, both to be added to the base salary. What will be the new hourly wage? 
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