ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mr. Kent was hired to work for $70, 000.00 a year. How much will he make in a week?
A
1, 346.15
B
1, 548.12
C
1, 458.33
D
2, 000.00
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

There is 1 question to complete.