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Your friend's job pays $10 per hour, and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly net income is A. $4,000 …

Your friend's job pays $10 per hour, and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly net income is A. $4,000 …
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Your friend's job pays $10 per hour, and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly net income is

A. $4,000
B. $16,000
C. $20,000
D.$40,000

User Tahir Ahmed
by
8.5k points

2 Answers

0 votes

Answer:

B

Step-by-step explanation:

Your Welcome

User Idaho
by
7.9k points
1 vote
B. $16,000

$10 × 40 = $400 × .20 = $80
$400- $80 = $320 × 50 weeks = $16,000
User Stefan Michev
by
8.2k points
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