Answer: $18,375
Step-by-step explanation:
The person was earning $17,300 and got a 5% raise.
The $17,300 represents 100% of itself. If it were to increase by 5% therefore, the new salary would be: 100 + 5 = 105%
The new salary would be 105% of $17,300.
= 17,300 * 105%
= 17,500 * 105/100
= $18,375
