Question

Fred got a new job through the Hunt Employment Service. The job pays $53K per year, and the agency fee is equal to 30% of one month’s pay. How much must Frank pay the agency

Answer 1

$1325

Explanation:

annual income of Fred=$53000

monthly income of Fred= $53000/12=$4417

if the agency fee is 30% of one months pay,

the agents fee= 0.3 multiplied by 4417

= $1325