Question

David earns $8.59 an hour. His benefits package is equal to 18 percent of his hourly wages. When you include the value of his benefits, how much does David earn per hour?

Answer 1

The answer is $10.1362

Step-by-step explanation:

David earns $8.59 per hour which is stated as follows:

David earnings per hour = $8.59

He earns a benefit of 18% of hourly wage rate, which is stated as follows:

Benefits per hour = 18% of $8.59

Now 18% of 8.59 will be equal to $1.5462

This is the amount or the benefit on per hour basis.

Now adding both hourly wage and the hourly benefits

$8.59 + $1.5462 = $10.1362

So this is the total amount David earns during an hour which include the hourly earnings plus the benefits per hour.

Answer 2

David earns $8.59 an hour plus 18% of his hourly rate as his packaged benefit. If we include the value of 18% packaged benefit to his hourly rate, the total amount will be $10.14 ($8.59 multiplied with 118%).