Answer:
The monthly cash inflow is $273.6
Step-by-step explanation:
It is given that hourly wage is $18 and his net pay is 72% of his earnings.
First, calculate the 72% of $18.
72% of his earnings is .
Tyrone works 40 hours per week
.
The number of working hours in a month is:
For 1 hour is he was getting $12.96.
For 160 hours he will get:
His total monthly cash inflow is $2073.6 - $1,800=$273.6
Hence, the monthly cash inflow is $273.6