Question

Frank got a new job through Valley Employment Service. The job pays $71K per year, and the one time agency fee is equal to 38% of one month's pay. How much must Frank pay the agency? SHOW WORK

Answer 1

$2248.33

Explanation:

Salary = $71,000/yr

so salary per month:

12 --> months in a year

`(71000)/(12) = 5916.67`

if the one time agency fee is 38% of monthly salary'

($5916.67) (0.38) = $2248.33