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29 October, 05:38

You are recruiting for a position that now pays $11.00 per hour. You expect that you will need to increase the pay rate by 12% to attract enough candidates. What is the new pay rate?

A) $11.00

B) $12.32

C) $13.13

D) $14.35

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Answers (1)
  1. 29 October, 06:04
    0
    The answer is "B) $12.32".

    Explanation:

    your pay = $11.00 per hour

    increase in pay rate = 12% = 0.12

    new pay rate = ?

    increase in pay = $11.00 per hour x 0.12

    = $1.32

    Now, new pay rate = $11.00 + $1.32

    = $12.32
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