Question

You have a job that pays you $26.50 per hour. The job is based on a 40-hour work week. You pay 3% for health insurance, $35 per month for life insurance, and you receive 5 days of paid vacation.

a. What is your monthly salary?
b. What amount of your monthly salary goes to health insurance?
c. If your take 7 days of vacation this month, what is your net monthly salary?

Answer 1

A=4,240 (before insurance) and 4,077.8 (after insureance)
B= 127.2
c= 3,017.8 (after insurance) and 3,180 (before insureance)