Solve. If needed, round money amounts to two decimal places and all other amounts to one decimal place.
-Because of budget cutbacks, MaryAnn was required to take a 7% pay cut. If she earned $63,000 before the pay cut, find her salary after the pay cut.
A) $58,590
B) $5859
C) $62,559
D) $62,955.90

Question

Quizplus · Accepted Answer

MaryAnn's salary after a 7% pay cut is calculated by subtracting 7% of $63,000 from $63,000. 7% of $63,000 is $4,410, so her new salary is $63,000 - $4,410 = $58,590.

Solve If Needed, Round Money Amounts to Two Decimal Places