Question

An entry level programmer's annual pay is $58.916 based on 52 weeks per year. Due to the economy, his company is having to cut back on

the number of weeks that it employs its programmers. If the firm cuts the work year to 51 weeks but keeps the same rate of pay, how
much should the programmer expect his annual pay to decrease? Round your answer to the nearest dollar

Answer 1

Answer: $1133

Explanation:

Programmer's pay for 51 weeks will be

(51 * 58916) / 52 = 57,783

Loss in salary

= 58916 - 57783 = 1133