Question

Desiree works 28 hours per week. She has a monthly income of $120 from investments. Desiree also plays in a band one night a week making $200. She has a total annual income of $49,696. Desiree wants to ask her boss for a raise so that next year she can have a total income of $51,880. Assuming the other incomes remain the same, how much of an hourly raise will Desiree need? a. $1.25 b. $1.50 c. $1.75 d. $2.00

Answer 1

So hmmm let's see
she has a monthly income of 120 from investments, now, there are 12 months in a year, so her yearly income from investments are 120*12 or
$1440

she plays on a band, and makes 200 a week, now, there are 52 weeks in a year, so her yearly income from band playing is 200 * 52, or
$10400

her total annual income is 49696, now, if we subtract the band and investment income, we'd be left over with only what comes from her job payrate
so 49696 - 1440 - 10400 is 37856

so, she makes from her job, $37856 annually

now, she only works 28 hours weekly, how much is that yearly?   well, 52 weeks in a year, she works 28*52 hours a year, let us divide 37856 by that

37856 ÷ ( 28 * 52)   well, it ends up as 26

so, her hourly payrate is $26 per hour

now, she wants to ask for a raise, to make 51880 annually

well, if we check the difference of 51880 and 49696, that'd leave us with the difference in pay, or the raise annual amount

51880 - 49696 = 2184

ok, so she wants $2184 annually more from her work
how much is that in the hours she works annually?  well 2184 ÷ ( 28 * 52)

Answer 2

The answer is B. $1.50