Question

Which of the following is the highest annual wage: $600 per week, $2,500 per month, or $31,000 per year? (Note: there are 52 weeks in a year: 12 months in a year.)

Answer 1

$600 per week is the highest

Step-by-step explanation:

To find the highest wage, let us first find the annual wage for each rate given.

For $600 per week:

Since there are 52 weeks per year, the annual wage would be

$600/week * 52 weeks/year = $31,200/year

For $2,500 per month

Since there are 12 months in a year, the annual wage will be

$2500/ month * 12 months/year = $30,000/year

Now, we compare $31,200/year, $30,000/year, and $31,000/year and find that $31,200/year, is the highest wage

Therefore, the weekly payment of $600 per week is the highest annual wage.