Question

If one adult works 4 weeks per month at

40 hours per week, what is the minimum hourly
wage, to the nearest cent, that person must
earn in order to meet the family's budget
needs?
​

Answer 1

15.21

Explanation:

All of the bills total to $2432.50. The person works 160 hours in a month. $2432.50 ÷ 160 = $15.20, BUT:

$15.20 × 160 = $2432, which is 50 cents short of what they need, so one extra cent in their wage will give them the amount they need.

$15.21 × 160 = $2433.60