Answer: $781.56 (usual decimal) / $781.5625 (original decimal)
Explanation:
Step One: Find the amount of money earned in 40 hours
$15.25 × 40 = $610
Step Two: Find the amount of time over 40 hours
47.5 - 40 = 7.5 hours
Step Three: Find the amount of money earned per hour beyond 40 hours
1.5 × $15.25 = $22.875
Step Four: Find the amount of money earned beyond 40 hours
$22.875 × 7.5 = $171.5625
Step Five: Add all the amount of money together
$610 + $171.5625 = $781.5625
Step Six: Rounding
$781.5625 ≈ $781.56
**Disclaimer** Usually the amount of money ends at two decimal places. However, I am not sure about your rules applied in the mathematics of rounding. Therefore, if you are totally fine with having over normal amounts of decimals, then it would be your choice.
Hope this helps!! :)
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