Question

The Rockville Employment Agency just placed Howard Jacobson in a job as a junior pharmacist. The job pays $51.2k. The agency fee is equal to 40% of the first three weeks' pay.
a. What is Howard's weekly salary to the nearest cent?
b. What will Howard earn during the first three weeks?
c. How much must Howard pay the employment agency to the nearest dollar?

Answer 1

His annual salary as a pharmacist is $51,200

There are a total of 52 weeks in an year.

(a) Weekly salary = annual salary/ number of weeks = 51,200/52 = $984.62 (rounded to the nearest cent)

Howard's weekly salary to the nearest cent = $984.62

(b) His salary in first three weeks = 984.62*3 = $2,953.85

Howard's earnings during the first three weeks  to the nearest cent  = $2,953.85

(c) He has to pay the agency 40% of his three week salary which is = 0.4*2953.85 =1,181.54

Howard must pay to  the employment agency to the nearest dollar = $1,182