Question
For a family of 4, the estimated monthly cost of living in Fort
Worth, Texas is $3,784. If there are 2 full-time working adults
in the family, what is the average hourly living wage of each
in order to support their basic needs? Round your answer to
the nearest hundredth. (
Worth, Texas is $3,784. If there are 2 full-time working adults
in the family, what is the average hourly living wage of each
in order to support their basic needs? Round your answer to
the nearest hundredth. (
Answers
Answered by
GPT 3.5
To find the average hourly living wage, we need to divide the estimated monthly cost of living by the number of hours worked by both adults in a month.
If there are 2 full-time working adults, this means they each work 40 hours per week for a total of 80 hours per week.
In a month, there are typically 4 weeks, so the total number of hours worked by both adults in a month is 80 hours/week * 4 weeks/month = 320 hours/month.
To find the average hourly living wage, we divide the estimated monthly cost of living by the total number of hours worked in a month:
Average hourly living wage = $3,784 / 320 hours/month.
Calculating this value gives: $3,784 / 320 hours/month ≈ $11.82.
Therefore, the average hourly living wage for each adult to support their basic needs is approximately $11.82.
If there are 2 full-time working adults, this means they each work 40 hours per week for a total of 80 hours per week.
In a month, there are typically 4 weeks, so the total number of hours worked by both adults in a month is 80 hours/week * 4 weeks/month = 320 hours/month.
To find the average hourly living wage, we divide the estimated monthly cost of living by the total number of hours worked in a month:
Average hourly living wage = $3,784 / 320 hours/month.
Calculating this value gives: $3,784 / 320 hours/month ≈ $11.82.
Therefore, the average hourly living wage for each adult to support their basic needs is approximately $11.82.
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