Question

Mr. Bob Brown earns $12.00 per hour and works 38 hours each week for his job at a retail store. His wife Matilda is paid $680 bi-weekly as a medical technician. What is their combined monthly qualifying income

Answer 1

$3,449.33

Step-by-step explanation:

Data given in the question

Earning per hour = $12.00

Number of hours work in each week = 38

Matilda earning amount bi-weekly = $680

So by considering the above information, the combined monthly qualifying income is

= Earning per hour × Number of hours work in each week × total number of weeks in a year ÷ total number of months in a year + Matilda earning amount × biweekly basis

= $12 × 38 hours × 52 weeks ÷ 12 months + $680 × 26 weeks ÷ 12 months

= $1,976 + $1,473.33

= $3,449.33