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31 votes
31 votes
You get hired for a job through ACME Employment Agency. You signed a contract that requires you to pay 20% of your first 6 weeks pay. The job pays you $42,700 per year. How much must you pay ACME for their services?

User LukeGT
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1 Answer

12 votes
12 votes
Assuming you get paid every week.
Total num of weeks in a year = 52
Therefore weekly salary = 42,700/52 = 821.15
Salary of first 6 weeks = 821.15 * 6 = 4926.92
20% of first 6 weeks salary = 0.2 * 4926.92 =985.38

You must pay the ACME $985.38
User Deng
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