Suppose the annual salaries of three people are:
Employee #1$45,192Employee #2$42,308Employee #3 (half-time)$20,192?
What are their salaries if they are given a 4% raise, and then the result is rounded to the nearest $1,000 using Hamilton's plan with a cap on the total salaries of $113,000?
?
A. Employee #1 $47,000Employee #2 $21,000Employee #3 (half-time) $45,000?
B. Employee #1 $45,000Employee #2 $47,000Employee #3 (half-time) $21,000?
C. Employee #1 $45,000Employee #2 $21,000Employee #3 (half-time) $47,000?
D. Employee #1 $47,000Employee #2 $45,000Employee #3 (half-time) $21,000?
E. Employee #1 $21,000Employee #2 $45,000Employee #3 (half-time) $47,000?
Answer: D
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