First lets get 3% into decimal form.
3% is 3/100 = 0.03
Now multiply 0.03 by 47000 to get how much extra money she was going to get.
47000 * 0.03 = 1410
Now we just add
47000 + 1410 = 48410 is what she was going to make in 2012
Another way to do this is
(47000)(1+0.03) = 48410
you would use (1+0.03) which tells you she increased in pay.