Answer: 5% = 0.05
Salary last year: $37,449
Step-by-step explanation:
So here, we need to find 5% of 39,420 (her salary). Then we take that number and subtract it by 39,420 (to find her salary last year).
1. 5% (0.05) of 39,420 = 1,971
2. 39,420 (her salary now) - 1,971 (5% of her salary) = 37,449 (her salary last year)
3. Her salary last year was $37,449 and 5% as a decimal number is 0.05.
I wish you good luck!