You plan to attend night school in 3 months so you can qualify for a promotion at work. You need to earn an additional $1,140 for tuition within that time. You take a second job, which pays $8 per hour. The work schedule is flexible, and you can work as many hours as you want. Taxes take 15% of your wages and you save the rest. To determine the minimum number of hours you could work each month to earn the money for tuition you divide 1140 by 8 = 142. 5 and divide that by 3 to get that you need to work 47. 5 hours a month. Is this correct?
A) Yes.
B) No, you forgot to subtract out the 15% for taxes before you divided by 8.
C) No, you need to multiply by 8 and then divide that amount by 3 for the 3 months.
D) No, you forgot to add in 15% for what is deducted in taxes before you divided by 8.