BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much would a person earning $12.50 per hour make in a 40 hour week?
A
$500.00
B
$2, 000.00
C
$450.00
D
$550.00
Explanation: 

Detailed explanation-1: -$12.50 hourly is how much per week? If you make $12.50 per hour, your Weekly salary would be $463. 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 37.5 hours a week.

Detailed explanation-2: -$12 hourly is how much per week? If you make $12 per hour, your Weekly salary would be $480.

Detailed explanation-3: -$12.50 an hour is $25, 000 a year in annual income. If you earn an hourly wage of $12.50 an hour and work for an average of 40 hours a week for 50 weeks a year, you’ll earn a yearly salary of $25, 000. The calculation assumes 50 work weeks with an average of two weeks of holidays in a year.

Detailed explanation-4: -$12 per hour is $24, 960 a year. This number is based on 40 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid bi-weekly (once every two weeks) your gross paycheck will be $960.

There is 1 question to complete.