Answered: You receive a pay raise of 8%, followed…

You receive a pay raise of 8%, followed by a pay cut of 8% is it true that after the two changes in pay, your salary is unchanged? Explain your answer by using an example ?

PREALGEBRA

15th Edition

ISBN:9781938168994

Author:OpenStax

Publisher:OpenStax

Chapter5: Decimals

Section5.6: Ratios And Rate

Problem 485E: Would you prefer the ratio of your income to your friend's income to be 3/1 or 1/3? Explain your...

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You receive a pay raise of 8%, followed by a pay cut of 8% is it true that after the two changes in pay, your salary is unchanged? Explain your answer by using an example ?

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