A salary after a 4.6% increase, of the original salary is x dollars
4.6% is also written as 0.046.
Our formula for the new salary S is:
S = (1 + 0.046)x
S = 1.046x
4.6% is also written as 0.046.
Our formula for the new salary S is:
S = (1 + 0.046)x
S = 1.046x