Question

Mr. Smith took a job that the employment agency. The job pays $76k per year. The employment agency is charging a fee of 19% of his first 4 weeks' pay. How much money does Mr. Smith give to the agency.

Answer 1

Mr. Smith gave $1110.7 to the agency

Step-by-step explanation:

Given that the job Mr. Smith took pays $76k per year.

In his first 4 weeks, taking the number of weeks per year to be 52, he is paid:

4 × ($76000)/52

= 4 × $1461.5 (Approximately)

= $5846

He is charged 19% of this earnings:

19% of $5846 is:

0.19 × $5846

= $1110.7

What he has in the end is:

$17000 - $1110.7

= $15889.3