You found a job that pays $15$15 per hour. after working for one year, you will get a 4%4% raise. what will be your new pay rate after one year?

4% of $15 = ( 15 divided by 100 x 4) = 0.6
And so 0.6 + the original 15 = the answer

It would be: Initial price + (Initial * increased rate)
= 15 + (15*4%)
= 15 + (15 *0.04)
= 15 + 0.6 = 15.6

In short, Your Answer would be $15.6

Hope this helps!