Answer:
$27.69
Step-by-step explanation:
Given
Monthly budget (See attachment)
[tex]Month = 4\ weeks[/tex]
[tex]Week = 40 \ hour[/tex]
Required
Determine the closest hourly wage
From the attachment, the monthly budget is:
[tex]Budget = \$ 4430[/tex]
First, we calculate the closest weekly earnings.
Since a month = 4 weeks.
Then
[tex]Weekly\ Earnings = \frac{\$4430}{4}[/tex]
[tex]Weekly\ Earnings = \$1107.5[/tex]
Next, we calculate the hourly earnings:
Since 1 week = 40 hour
Then
[tex]Hourly\ Earnings = \frac{\$1107.5}{40}[/tex]
[tex]Hourly\ Earnings = \$27.6875[/tex]
From the list of options, the closest is: $27.69
