Question

31. You work 35 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?

• $32,000/year
© $18.50/hour
• $30,000/year with a 5% bonus
) $17.50/hour and a $1,500 bonus at the end of the year

Answer 1

• Option B

Explanation:

Calculate and compare:

• A) $32000
• B) $18.5*35*52 = $33670
• C) $30000 + 5% = $30000 + $1500 = $31500
• D) $17.5*35*52 + $1500 = $33350