Question

In 2019, the minimum wage in Arizona is $11 per hour. The total cost of renting a one-bedroom apartment in one city is $1410 per month. Without considering any other living expenses or deductions, could a person working 40 hours a week at the minimum wage cover the $1410 per month?

1.Yes, they have $495.20 more than they need.
2.No, the total earned is $495.20.
3.Yes, they have $1905.20 more than they need.
4.No, $1905.20 is not enough.

Answer 1

No, the total earned is $350 less than what they need to cover the cost of renting a one-bedroom apartment.

Step-by-step explanation:

Based on the given information, a person working 40 hours a week at the minimum wage of $11 per hour would earn a weekly income of $440 (40 hours * $11 per hour). In a month with 4 weeks, the total income would be $1,760 ($440 per week * 4 weeks). Therefore, the person would not be able to cover the total cost of renting a one-bedroom apartment for $1410 per month.

To calculate how much they fall short, we subtract the total cost of renting from the monthly income: $1,760 - $1,410 = $350. So, the correct answer is No, the total earned is $350 less than what they need to cover the cost of renting a one-bedroom apartment.