ECONOMICS
MONEY MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mr. Kent was hired to work for $70, 000.00 a year. How much will he make in a week?
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1, 346.15
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1, 548.12
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1, 458.33
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2, 000.00
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Explanation:
Detailed explanation-1: -₹ 70, 000 monthly is how much per year? If you make ₹ 70, 000 per month, your Yearly salary would be ₹ 840, 000.
Detailed explanation-2: -To calculate an annual salary, multiply the gross pay (before tax deductions) by the number of pay periods per year. For example, if an employee earns $1, 500 per week, the individual’s annual income would be 1, 500 x 52 = $78, 000.
Detailed explanation-3: -This is equivalent to $4, 579.83 per month, or $1, 056.88 per week.
Detailed explanation-4: -Hourly wage x weekly hours = weekly wage. Hina works part time at CNZ Groceries, where she’s paid $11 per hour. More items •03-Feb-2023
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