Richard earns $2700 a month. He receives a 3% raise. What is Richard’s new annual salary?

$33 372

Step-by-step explanation:

$2 700 × 3%

= $81

$2 700 +$81

= $2 781 × 12 months

= $33 372

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.