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Matthew worked 8 hours at $9 a hour. Taxes were 16%. How much money was left?

Option 1: $62.40
Option 2: $67.20
Option 3: $72.00
Option 4: $76.80

User Kisileno
by
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1 Answer

6 votes

Final answer:

After calculating Matthew's total earnings ($72) and subtracting the taxes (16% of $72, which is $11.52), the money left should be $60.48. This suggests an error in the provided options as none of them match the calculated amount.

Step-by-step explanation:

Matthew worked 8 hours at $9 an hour. First, calculate his total earnings by multiplying the hours worked by the hourly rate:

Total earnings = Hours worked × Hourly rate = 8 hours × $9/hour = $72

Next, calculate the taxes by converting the tax rate to decimal form and multiplying it by the total earnings:

Taxes = Total earnings × Tax rate = $72 × 0.16 = $11.52

Then, calculate the amount of money left after taxes:

Money left = Total earnings - Taxes = $72 - $11.52 = $60.48

However, since this amount is not one of the provided options, it's important to double-check our calculations and the provided options. Upon re-evaluation, we recognize that the actual amount after taxes suiting the provided options would be:

Money left (corrected) = Total earnings - Taxes = $72 - (16% of $72)

Taxes (corrected) = 16% of $72 = 0.16 × $72 = $11.52

— hence, the money left, which is $72 - $11.52, is indeed $60.48, which suggests a possible error in the provided options or the question parameters.

User Vladlen Gladis
by
7.8k points