If Danny sees a position that pays $47, 000 annually, that means that the job pays 47, 000 per year. Since there are 12 months in a year, we can do some dimensional analysis to find out how much 47 thousand per year is per month. To solve this, we can just divide 47 thousand by 12. 47, 000/12 = 3916.66667. But, the question asks us to round to the nearest cent. Since 6>5, the answer is that Danny will receive a monthly salary of $3916.67
