335,731 views
32 votes
32 votes
took a job through an employment agency. The job pays $96K per year. He must pay a fee to the employment agency. The fee is 23% of his first five weeks' pay. How much money must Xavier pay to the agency, to the nearest cent?

User Luke Dinkler
by
2.8k points

1 Answer

18 votes
18 votes

First, let's find the weekly payment

52 weeks = 1 yeay

If he is paid $96 000 per year

Then his weekly payment is $96 000 /52 = $1846.15

His payment in 5 weeks is 5 x $1846.15 = $9230.75

The fee he must pay is 23% of $9230.75

= 23/100 x $9230.75

= $2123.0725

≈ $2123.07

User Bulat
by
2.6k points