Employees of a publishing company received an increase in salary of 3% plus a bonus of $700. Let S(x) represent the new salary in terms of the previous salary x. Find the value of S(15,000).
A) $13,883
B) $20,200
C) $16,150
D) $15,700

Question

Quizplus · Accepted Answer

The new salary S(x) is calculated as the previous salary x increased by 3% plus a $700 bonus. For x = $15,000, S(15,000) = 15,000 * 1.03 + 700 = 16,150.

Employees of a Publishing Company Received an Increase in Salary