BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Bob earns $3, 300 monthly. How much does he make in a year?
A
$275
B
$39, 600
C
$36, 000
Explanation: 

Detailed explanation-1: -$3, 400 monthly is how much per hour? If you make $3, 400 per month, your hourly salary would be $19.62. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

Detailed explanation-2: -$30.75 an hour is $61, 500 a year in annual income. If you earn an hourly wage of $30.75 an hour and work for an average of 40 hours a week for 50 weeks a year, you’ll earn a yearly salary of $61, 500.

Detailed explanation-3: -Cost Per Year Formula To calculate the cost per year of a service or item, multiply the average daily cost by 365.

There is 1 question to complete.