(Answered) Question - you were hired on march 1st 2014 with a base pay

Accounting

Question - You were hired on March 1st 2014 with a base pay of $45K,. There will be no raises in the present year. Everyone will receive a 5% cost of living increase on July 1st, 2015. How much should be put in the budget to pay you for 2015 (the facility uses a calendar year as the fiscal period)?

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