Jamie Pruitt is an assistant to the city manager. Her annual salary is $45,000. Next month she will receive a yearly cost-of-living adjustment of 2.5%. In addition, her manager plans to award her a merit increase of 4% for her excellent work during the year. What will Pruitt's salary be for the coming year?

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1. Jamie Pruitt is an assistant to the city manager. Her annual salary is $45,000. Next month she will receive a yearly cost-of-living adjustment of 2.5%. In addition, her manager plans to award her a merit increase of 4% for her excellent work during the year. What will Pruitt's salary be for the coming year?