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Rico is offered a permanent position that pays $45,000 a year. The same week, Rico is offered a full-time (8 hour days, 5 days a week) job that pays $20.50 an hour. Based on the monthly income of each job, which would you recommend to Rico and why?

User Adjan
by
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1 Answer

4 votes

Answer:

I recommend the work that pays $45,000 a year because the monthly income is greater than the other job

Explanation:

we know that

The first work pays $45,000 a year

so

The monthly income is equal to

$45,000/12=$3,750 per month

The second work pays $20.50 an hour

Remember that

1 year= 52 weeks

so

In one year pays -----> (8)*(5)*(52)($20.50)=$42,640 a year

The monthly income is equal to

$42,640/12=$3,553.33 per month

I recommend the work that pays $45,000 a year because the monthly income is greater than the other job

User Tahir Yasin
by
7.8k points

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