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14)Andrew's annual salary is $73,500.He has been promised a 2.5% merit raise in the year ahead.Find the amount of the raise and the new salary.Show

14)Andrew's annual salary is $73,500.He has been promised a 2.5% merit raise in the year ahead.Find the amount of the raise and the new salary.Show all work.

15)Laura inherits $60,000 and decides to invest part of it in an education account for her daughter and the rest in a 10-year CD.If the amount she puts in the education account is $15,000 more than twice the amount she puts in the CD, how much money does Laura invest in each account?Start by defining the unknown quantities in terms of a variable; then equation based on the information given and show all work as you solve the equation.

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