Please help, I don't understand.
1 answer:
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hello
to solve this problem, we need to work out how much he earns weekly, and then work it up to annually
step 1
calculate the weekly wage into annual wage
he earns $8.50/h and works 40 hours in a week
weekly wage =
Raggie earns $17,680 annually
he gets fridge benefit of 19% of his annual wage
we need to find 19% of $17,680
he gets additional $3359.2 as fridge allowance
we can add up the total to know his total annual wage
total annual wage = wage + allowance = $17680 + $3359.5 = $21,039.2
his annual expense
commuting = $419
uniforms = $560
parking = $430
total expense = $419 + $560 + $430 = $1,409
net wage = gross wage - expenses
net wage =
Reggie's annual wage after expenses = $19630.2