Question

31. You work 35 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
• $32,000/year
© $18.50/hour
• $30,000/year with a 5% bonus
) $17.50/hour and a $1,500 bonus at the end of the year

Answer 1

Answer:

• Option B

Step-by-step explanation:

Calculate and compare:

• A) $32000
• B) $18.5*35*52 = $33670
• C) $30000 + 5% = $30000 + $1500 = $31500
• D) $17.5*35*52 + $1500 = $33350

Answer 2

You work 35 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?

• ○ 18.50/hour

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Let's find the salary for per year in each case and compare the values..

For option A its 32000/year

Let's solve for option B

$18.5 \times 35 =647.5$

647.5 per week, Now multiply by 52 to get the salary of 1 year

$647.5\times 52= 33670$

Let's solve for option C

$5\%\:of\: 30000 = 3000 \div 2 = 1500$

5% is the half of 10%, So divide the 10% of number by 2 to find the 5%...

$30000 + 1500 = 31500$

Let's solve for option D

$17.5 \times 35 =612.5$

612.5 per week, Now multiply by 52 to get the salary of 1 year

$612.5 \times 52 = 31850$

Now, Add 1500 as a bonus

$31850 + 1500 = 33350$

Thus, Option B is correct!!~