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You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?

Sagot :

rafikiedu08

I will earn the most salary in $15.00/hour and a $2,000 bonus at the end of the year so overall I will earn $33,200 per year.

First of all the complete question is You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary and in which situation you will earn the most?

option a) $30,000/year

option b) $15.00/hour

option c) $30,000/year with a 10% bonus

option d) $15.00/hour and a $2,000 bonus at the end of the year

40 hours/week × [tex]52[/tex] weeks = [tex]2,080[/tex] hours a year.

$30,000/year

$15.00/hour × 2,080 hours = $31,200/year

$30,000/year w/ a 10% bonus = 30,000 × 1.10 = $33,000/year

$15.00/hour and a $2,000 bonus at the end of the year = (15 × 2,080) + 2,000 = $31,200 + $2,000 = $33,200/year

Thus, one can earn the most while working $15.00/hour and a $2,000 bonus at the end of the year.

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