Question

When Jenna Henderson works overtime (any hours over 40 hours a week), she us paid 1.5 times her regular hourly rate. Last week, she worked 62 hours. If her regular hourly rate is $6.50, what did she earn last week?

Answer 1

40 x 6.5 = $260 (earned from 40h normal work hour)

6.5 x 1.5 = $9.75 per 1h overtime

(62 - 40) x 9.75 = $214.5 (earned from 22h overtime work)

260 + 214.5 = $474.5 nominal gross income

Answer 2

Jenna earned $474.50 last week.