Question

you work at a clothing store earning $7.50 per hour. at the end of the year, you figure out that on a weekly basis you averaged 5 hours overtime for which you were paid time and a half. how much did you make for the entire year? (assume that a regular work week is 40 hours​

Answer 1

We want to find and solve an equation that gives us the amount of money you make in the complete year.

The answer here is $18,525

What we know is:

• A regular work week is 40 hours.
• You worked in average, 5 hours overtime per week.

Then the amount of money that you make each week is:

40*$7.50 + 5*1.5*$7.50 = $366.25

The factor 1.5 in the second term is because overtime is paid one time and a half.

Now, knowing that in one year there are near 52 weeks, the entire year you make 52 times $366.25

52*$366.25 = $18,525

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