Question

Danny just submitted his resume in response to a job posting. The posting stated that the job pays $47K annually. What would Danny's monthly salary be if he gets this job? Round to the nearest cent.

Answer 1

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

Answer 2

Take 47,000/12

12 months in a year = $3917

$3917.00 is what he would take home every month before taxes of course.