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REY [17]
3 years ago
5

Hi, I'm 16 almost 17 next month and I'm getting a job at McDonald's. I am just curious about how much my first check will be if

I get minimum wage ($8.00 per hour) every 2 weeks? and work like 6 hours 5/6 times a week.
I plan to help my family and ave for college, a car, etc...
Business
1 answer:
Ganezh [65]3 years ago
6 0

Answer:

it should be around $480 every two weeks

Explanation:

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Answer:

Option (B) $5,000

Explanation:

Data provided in the question:

Repayment of Loan = $50,000

Interest = 8%

Cash flow             Probability

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Tax rate = 0%

Now,

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Expected value of cash flow = ∑[cash flow × Probability ]

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Hence,

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